company town

Hedge-Fund Managers Have Ostentatious Hobbies

• Young hedge-fund managers play in cover bands but instead of sticking to local bar gigs, they fly to London and rock out there. [BBC via DealBreaker]
• The only humans left on the NYSE trading floor are tourists. [NYP]
• Bank of America is sued for racial discrimination after five black current and former employees claimed that white employees get all the lucrative clients. [NYT]

• If Rupert Murdoch buys Dow Jones, Robert Thomson of the Times of London could edit the Journal. [London Observer]
• So why, exactly, did “Page Six” publish an epic item on Ian Spiegelman’s affidavit of ethics allegations against the Post? [NYT]
• Is print media’s worst enemy its own management? Until chronic screwups get canned, blame the bosses. [AdAge]

• With so much biographical information available for free online, some big firms are forgoing listings in Martindale-Hubbell. [New York Law Journal]
• Not happy with the measly $125 you got from the Bar/Bri class-action suit? A McGuireWoods partner may force the settlement to be revised upward. [The American Lawyer]
• Supreme Court Justice Clarence Thomas sat through 68 hours of oral arguments last term without saying a word. [AP via]

• Shakeups at Vionnet: Marc Audibet will be the new artistic adviser, replacing Sophia Kokosalaki. [Fashion Wire Daily]
• There’s a new Comme des Garçons line, PLAY, which focuses on basic items like T-shirts decorated with designs by New York–based artist Filip Pagowski. [British Vogue]
• Marc Jacobs’s menswear show has been indefinitely postponed. [Fashion Week Daily]

Hedge-Fund Managers Have Ostentatious Hobbies