company town

Bancroft Family Divided Over Dow Jones Bid

• A Bancroft spokesman said family members who hold slightly more than 50 percent of voting shares will oppose News Corp.’s bid for Dow Jones. [NYT]
• Don Imus hired a top-notch First Amendment attorney to see that he gets the $40 million left on his contract. [Fortune/CNNMoney]
• Former Newsweek Interactive head Mark Whitaker will oversee TV programming and Web content at NBC News. [WWD]

• Columbia Law School honored their favorite grad, Aaron Charney, with a final that featured a young gay attorney who takes on the dreaded Sampson & Goliath (S&G). [Above the Law]
• With female associates leaving the profession in droves, fewer women are making partner. [Boston Globe via Law Blog/WSJ]
• Say good-bye to the billable hour? More firms are now working for a fixed fee. [Law Blog/WSJ]

Giles Deacon is hopping the Channel, showing his pre-spring collection in Paris. [British Vogue]
• The Gap is planning some major layoffs in the coming weeks. [NYP]
• is launching a new site that will be a “younger, hipper e-luxury.” [Racked]

• In retaliation for JPMorgan Chase hiring security contractors, scorned SEIU members went through the bank’s garbage, videotaped confidential customer documents, and posted the clips on YouTube. [CNN/Money and YouTube]
• Disgraced BP executive John Browne is also a Goldman Sachs director. Will the clean-cut firm try to oust him from the board? [Deal Journal/WSJ]
• At Duke’s B-school, 34 students cheated on an exam. Are the post-Enron ethics courses doing any good? [DealBook/NYT]

Bancroft Family Divided Over Dow Jones Bid