company town

Today, Andy Rooney and Charlie Gibson Equally Unfunny

MEDIA
• Don Imus, his big settlement with CBS finally behind him, is now looking to make a comeback on ABC radio. [NYP]
• Andy Rooney apologizes for crossing the line from crotchety to racist – sort of. [NYT]
• Charlie Gibson wants you to remember that he, unlike Katie Couric and Brian Williams, is humorless. [NYT]

FINANCE
• Lehman Brothers opted out of an additional 80,000 square feet on Park Avenue, signaling a possible subprime-related slowdown in the Manhattan commercial-real-estate market. [NYP]
• Bear Stearns’ rivals are trying to poach business, claiming that Bear’s investments are too risky after the bank’s two big hedge funds collapsed. [Reuters via CNN/Money]
• Three houses competing to break the all-time price record for an American home, listed from $165 to $125 million, despite credit crunch. Donald Trump, who owns one, is already trash-talking. [DealBook/NYT]

LAW
• Dewey Ballantine and LeBoeuf Lamb tentatively agreed to a merger, which would create a 1,300-lawyer megafirm worth almost $1 billion. [NYT]
• When Nixon Peabody’s company song broke on the blogs, they claimed it proved “fun is not prohibited here,” but their attempts to take it down from YouTube make you think otherwise. [Law Blog/WSJ]
• Here come the corporate lawyers to take down Wall Street’s previously high-flying deals. Something tells us this ain’t going to be pretty. [Law Blog/WSJ]

FASHION
• Kate Moss’s fall collection for Topshop debuts next week. Get ready to see … things you’ve already seen. [No Good for Me]
• Super animal activist Stella McCartney’s Adidas line isn’t so animal-friendly after all. Poor little kangaroos…[Fashionista]
• Ralph Lauren to be the first designer ever to show his collection in Central Park, for his 40th anniversary. [WWD]

Today, Andy Rooney and Charlie Gibson Equally Unfunny