company town

Former Goldman Sachs Head Scoffs at Street Salaries

FINANCE
• John Whitehead, the former chief of Goldman Sachs, blasted the firm for leading Wall Street’s “outrageous increase” in salaries. [Bloomberg]
• John Edwards earned a paltry $480,000 while studying poverty at Fortress. [DealBook/NYT]
• Should the SEC investigate claims of stock manipulation at Apple? The company shares were down 3 percent yesterday after the tech blog Endgadget published a false tip reporting product delays for the iPhone and a new Mac operating system. [DealBreaker]

FASHION
• Diane von Furstenberg will not be moving her shows to London, despite what British papers reported this morning. [Fashion Week Daily]
• Even though Doo.Ri’s dresses are in the Gap, she’d rather be shopping at Takashimaya. [Fashion Informer ]
• Older, svelter women have only two choices, according to Allure editor Linda Wells: “Wear something juvenile or be a total killjoy.” [NYT]

MEDIA
• The Internet is so hot right now! E-mail newsletter DailyCandy hired two executives away from the Times. [Crain’s NY]
• A lawsuit against former Wonkette editor Ana Marie Cox for republishing sexually explicit material about two Senate aides has been dismissed because it was filed too late. [AP via Yahoo!]
American Heritage will suspend publication after a run of over 50 years. [NYT]

LAW
• Good news for New Jersey cokeheads! The New Jersey Supreme Court has decided to censure attorneys convicted of cocaine possession instead of suspending them. [New Jersey Law Journal]
• If your dad was a Supreme Court clerk, you could be one too. [Law Blog/WSJ]
• The House voted yesterday to pay off up to $60,000 in student loans to lawyers who work as prosecutors or public defenders for at least three years. [Law Blog/WSJ]

Former Goldman Sachs Head Scoffs at Street Salaries