FINANCE
• Wall Street II screenwriter Stephen Schiff is doing field research among London bankers. [Alphaville/FT]
• Investment bankers are on drugs, mental-health experts reveal. News flash, that. [Reuters via DealBreaker]
• Lehman analyst Kelly Chin won the women’s race at the JPMorgan Chase Corporate Challenge. The 799 other Lehman’s entrants were canned for underperforming. [JPMorgan Chase Corporate Challenge]
MEDIA
• The Dow Jones board took over negotiations from the vacillating Bancrofts, increasing the likelihood of a sale to News Corp. [WSJ]
• Yusef Jackson calls Radar “a great media property for the money.” But which iteration is he talking about? [Chicago Magazine]
• Beginning July 16, you’ll pay $1.25 for the Times and $4 on Sunday. [NYT]
LAW
• In July and August, the only people populating the midtown power-lunch scene are summers with expense accounts. [NYO]
• The top white-collar prosecutor at the Manhattan U.S. Attorney’s office is leaving as his biggest case goes to trial. [Law Blog/WSJ]
• An appellate judge ordered Gerald Garson, the Brooklyn judge convicted of bribery, to begin serving his ten-year sentence while his appeals run their course. [New York Law Journal]
FASHION
• Georgina Chapman, half of the brand Marchesa and Harvey Weinstein’s arm candy, is rumored to have been offered and subsequently to have declined a creative-director spot at a couture house. [WWD]
• Christopher Kane has been invited to show at Swarovski Fashion Rocks for the Prince’s Trust 2007 alongside Chanel, Valentino, and Versace. And he’s hoping to cover the Gossip’s lead singer, Beth Ditto, in crystals. [British Vogue]
• Bella Freud leaves Biba and plans to start her own line this fall. [Fashion Week Daily]