company town

Arthur Sulzberger Punishes Morgan Stanley

• The Ochs-Sulzberger family wants their money out of Morgan Stanley, after a London-based Morgan managing director tried to incite a shareholder revolt at the Times. [Fortune via CNNMoney]
• Hedge-fund heavies like T. Boone Pickens, Paul Tudor Jones II, and Carl Icahn have all donated to Rudy Giuliani’s exploratory committee. They maxed out their donation: a whopping $2,100. [DealBook/NYT]
• Equity Office’s board rejects Vornado’s cash-and-stock takeover bid and instead goes for Blackstone’s cash offer of $54 a share. Shareholders will likely vote next week. [CNNMoney]

• It’s Fashion Week! [NYM]
• Marka Hansen was named the new president of Gap following yesterday’s resignation of Cynthia Harriss. Hansen comes over from the company’s Banana Republic unit. [Bloomberg]
• Fashion editors storm the Proenza Schouler collection at Target, ignoring the designers. [Fashionista]

• If you’re not on this list, you’re not a Supreme Court clerk for the October term 2007. [Above the Law]
• Formerly of the Queens District Attorney’s office, Geraldine Ferraro likes watching Law & Order: SVU and CSI. And the news. [Law Blog/WSJ]
• Scary trend alert: Jurors asking questions. [WaPo]

• Magazines decamp to Miami for Super Bowl parties: Maxim, Sports Illustrated, Playboy, Gourmet, Moves, and Ocean Drive are all chilling beer and wrapping up cocktails weenies. All in the name of future ad revenue, of course. [NYP]
• Magazine publishers and editors honored the odd couple of Harper’s Lewis Lapham (introduced by Liz Smith) and Reader’s Digest’s Tom Ryder (introduced by Danny Meyer) with lifetime-achievement awards yesterday. [FishbowlNY/Mediabistro]
• Apparently bored waiting for an issue to come out, Laurie Cohen has left Portfolio to return to her old gig at the Wall Street Journal. [NYP]

Arthur Sulzberger Punishes Morgan Stanley