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Jeffrey Immelt

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Fox News Sicced Bill O'Reilly on NBC's Punk Ass

Thin-skinned media bigwigs trade insults, Microsoft and Yahoo continue to make eyes at each other across the boardroom table, and a mysterious, rich felon moves into the Plaza … all in today's roundup of media, finance, law and real-estate news.

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GE Still Hearts NBC … For Now

MEDIA • General Electric CEO Jeffrey Immelt said he'd postpone any decision on selling NBC until after the 2008 Olympics. Let's just hope 30 Rock and Friday Night Lights last that long. [FT] • Doris Lessing beat out Philip Roth, who was rumored as a top candidate, for this year's Nobel Prize in literature. It probably helps that Lessing's most recent novel doesn't involve an old geezer fucking a "luckless goy chick" in the face. [NYT, Hitchens/Atlantic] • FSG dominated this year's National Book Award finalists, with five out of ten in fiction and nonfiction coming from the tweedy publisher's lists. [NYT]

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