company town

Scott Galloway Raises Stake, Prepares to Plunge It Into Heart of ‘NYT’

FINANCE
• Ah, so that’s where all the G5s on the Teterborough tarmac were headed! The private-equity world descends upon Munich for the annual spectacularly named Super Return conference. [DealBook/NYT]
• Vagilante Scott Galloway and Harbinger Capital Partners raise their stake in the Times to just over 19 percent. [NYP]
• Hey, everyone! Hedge funds are a risk to the entire financial system! No duh. [Business Week]

MEDIA
• Manhattan is the “nation’s capital of bedbug journalism.” Also, this story is awesome. [WP]
• It’s out with the old and in with the new over at Brant Publications. [WWD]
• Note to the interns: That grande sugar-free soy latte with extra foam is going to have to wait. Every Starbucks in the country will be closed for three hours today, beginning at 5:30 p.m. [CNN]

LEGAL
• Cha-ching! Money is what drives people to want to be lawyers. [WSJ]
• Except actually the money is not as good as it used to be. [Legal Blog Watch]
• Jury convicts four from General Re Corporation, a unit of billionaire Warren Buffett’s Berkshire Hathaway, Inc., and an employee from AIG, finding them guilty on sixteen counts, including conspiracy, securities fraud, mail fraud, and making false statements. [WSJ]

Scott Galloway Raises Stake, Prepares to Plunge It Into Heart of ‘NYT’