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• After MSNBC host Keith Olbermann slammed Fox News, Fox News chairman Roger Ailes called NBC chief Jeff Zucker and said if he didn’t quit it, he’d unleash angry old man Bill O’Reilly and the New York Post on NBC and its parent company, GE. O’Reilly was happy to oblige: “If my child were killed in Iraq, I would blame the likes of [GE CEO] Jeffrey Immelt.” [WP]
• Last week all eyes were in the CBS’ CNet purchase, but Condé Nast was doing a little deal-making of its own, too. The glossy empire scooped up three new Websites — Ars Technica, Webmonkey, and Hot Wired — perhaps in an attempt to re-geek Wired. [NYT]
• BlackBook, whose publisher Joe Landry is headed to Out, loses another: The magazine’s editor, Steve Garbarino, is moving to Maxim. [NYP]
FINANCE
• Microsoft and Yahoo are talking again. This is like your roommate’s really bad on-again, off-again relationship with that banker she met at GoldBar a few months ago. You are so sick of hearing her talk about him and you just want to say, “Forget about it! It’s over!
It was never meant to be anyway!” [NYT]
• It’s not a recession until the National Bureau of Economic Research says it’s a recession, okay? [Business Week]
• Aw. JPMorgan CEO Jamie Dimon is writing letters of recommendation for all of the Bear Stearns employees he’s had to fire. [FT]
LAW
• A lawyer for the Yahoo shareholders says that the company is trying to “whitewash embarrassing documents” because it thinks the information will damage the board’s efforts to repel a challenge by activist investor Carl Icahn. [Law.com]
• Lawyers don’t get paid as much as airline pilots. [Forbes]
• Law firms are shortening their names. [Law.com]
REAL ESTATE
• The West Side rail yards is going to Related Companies. How long will it be until this deal falls through and the project looks for another bidder? [NYO]
• A rich felon pays cash for a Plaza pad. [NYT]
• Even bees are obsessed with New York City real estate. [NYP]
