Fashion's Favorite Twink to Head Ungaro
MEDIA • Incoming Time Warner CEO Jeffrey Bewkes may well spin off the company's huge cable unit, but a sale of Time Inc. looks unlikely since the small potential proceeds (and big tax penalty) would little benefit a company of Time Warner's size. [NYT] • Times editorial-page editor Andy Rosenthal calls all executive editors, including Bill Keller and his own father, crazy. Sweet. [Radar] • Rupert Murdoch is confirming to all his friends he plans to bring in Times of London editor Robert Thomson to become the Journal's publisher as part of an "Aussie invasion" in the first few months of next year. [Guardian via Media Mob/NYO]
FINANCE • Alan Greenspan was giddy when old buds Don Rumsfeld and Dick Cheney took over the White House. But it turned out they were bad boys and not his friends at all. Check out this and more in Greenspan’s new bio. [NYT] • So basically everyone’s sitting around twiddling his thumbs today while waiting to see just how much the Fed cuts rates tomorrow. The market has already priced in a quarter-point cut, and the real speculation is whether they’ll cut a full half-point. [DealBreaker] • Greg Larkin of obscure research firm Innovest was like the Al Gore of the subprime mess. [ NYP]
Ms. Crow, 44, for example, learned last year that she had breast cancer; the ad with her includes part of a Journal article about breast cancer.You know, as opposed to all those old Journal ads featuring men talking about their prostate cancer. Newspaper Readers of a Different Kind [NYT]
At Kirna Zabête in the spring, look for Derek Lam, Peter Som, and Thakoon.
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