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Blood Money: Blodget vs. Cramer

FINANCIAL
• Stock picker Henry Blodget threw a party for his new advice book, The Wall Street Self-Defense Manual, then challenged rival stock picker Jim Cramer to an on-air debate. [DealBreaker]
• Vornado finally cried uncle in its battle with the Blackstone Group to buy the nation’s largest office landlord. [DealBook/NYT]
• Heads are rolling at hedge fund D.B. Zwirn & Co., which was busted in October for misallocating expenses. [NYP]

MEDIA
• Jeff Zucker swings for the fences on his first day as CEO of NBC Universal. He calls out YouTube for, you know, helping to blow up otherwise-unnoticed SNL skits. [FT]
• The Times is stubbornly refusing a judge’s request to let reporter Alex Berenson testify in a lawsuit against drug-maker Eli Lilly, even though the judge asked really, really nicely. [NYS]
• Chris Matthews got overexcited and dropped an F-bomb on Don Imus’s radio show this morning. The FEC phones have been ringing, well, no more than usual. [TV Newser/Mediabistro]

LAW
• If you think that $160,000-a-year associates are the ones reaping the windfalls of a competitive hiring market, consider this: In 2005, associates actually took home a lower percentage of their firm’s profits than they had in the last decade. It’s the partners who are really raking it in. [Law Blog/WSJ]
• Complaining about lax ethics rules, the head of the State Commission on Judicial Conduct resigns. [New York Law Journal]
• Buchanan Ingersoll & Rooney’s gross revenue jumped 40 percent in 2006, compared with the revenue Buchanan Ingersoll generated on its own before merging with Klett Rooney Lieber & Schorling. [The Legal Intelligencer]

FASHION
• Read all of New York’s fall 2007 Fashion Week coverage.

Blood Money: Blodget vs. Cramer