company town

Bad Times for the ‘Times’

• In a show of symbolic disapproval, New York Times shareholders withhold 42 percent of the vote for the company’s directors. [AP via Yahoo]
• Pulitzer Prize–winning reporter and prolific author David Halberstam died yesterday in a car crash on his way to an interview. [NYT]
• Are Marie Claire’s video podcasts too commercial to be called editorial? [WWD]

• At the bottom of a list of the top-25 hedge-fund earners is a manager who made $240 million. Yes, you’re still in the wrong business. [NYT]
• Congratulations to Goldman Sachs for building the largest private-equity fund in history, worth $20 billion. [Deal Journal/WSJ]
• Just a reminder that the gender gap still exists: After one-year of full-time employment, women earn 20 percent less than men. [Career Journal/WSJ]

• Even three years after he was disbarred for obnoxious behavior, Kenneth Heller is still a jerk. [WW]
• How does London rate New York’s firms? Skadden Arps is at the top of the list. [Legal Week via Legal Blog Watch]

• Karl Lagerfeld was once the target of a terrorist kidnapping plot. [British Vogue]
• Cashmere line TSE is launching a handbag line. [Fab Sugar]
• Gap’s European collection, designed by French Vogue’s Marie-Amelie Sauve (a.k.a. Nicholas Ghesquière’s muse). The verdict? Très chic. [Fashion Inc./Portfolio]

Bad Times for the ‘Times’