He's stepping back from the lucrative journalism nonprofit world.

But if he did know anything, he wasn't the only one who knew something and didn't do anything. Or something?

Plus AMI is headed for tough times, Fox News makes fun of Nas, Andrew Cuomo looks into AIG, and more, in our daily industry roundup.

MEDIA • Air America talk-show host Randi Rhodes was assaulted on Park Avenue last night while walking her dog? [Gawker] • Jack Shafer investigates the billionaires behind ProPublica, the newly established New York–based investigative-journalism nonprofit led by former Journal managing editor Paul Steiger. Surprise, they're big Democratic donors. [Slate] • Howard Kurtz took the nonstop promotion of his gossipy new book to its logical conclusion, interviewing himself on his own CNN show. [HuffPo]