company town

Did Aaron Charney Only Get 100K From Sullivan?

• Will Aaron Charney ever have to work again? More than likely — he may not have gotten more than $100,000 in his sexual-harassment settlement with Sullivan & Cromwell. [PrawfsBlawg via Above the Law]
• Should law schools be more like business schools? One law prof thinks so, and he looks a little like Justin Timberlake, so he must be right. [Law Blog/WSJ]
• Do Cravath’s two rounds of bonuses signal Big Law strength and more money for associates, or is the firm just hedging so they aren’t locked in to paying the same amount next year? [NYT]

• Meet Alberto Cribiore, the man who Merrill tasked with finding a replacement for Stan O’Neal. O’Neal walked away with $161.5 million in severance; Laurence Fink, CEO of BlackRock, is currently the top candidate to replace him. [NYT]
• With O’Neal out, the clock is ticking once again on Chuck Prince and James Cayne. Why not just fire the lot of them and get it over with? [MarketBeat/WSJ, Deal Journal/WSJ]
• A spreadsheet is making the rounds that calculates the “intrinsic value of a banker’s life,” including multipliers for “playing the field,” “long term successful marriage,” and, most costly, “marriage + affair.” [Bankers Ball]

• Ivanka Trump returned the favor for all that glowing coverage in her boyfriend’s paper, shilling for the Observer in her appearance on Oprah. [HuffPo]
The New Yorker won the award for best cover at the American Magazine Conference for their September 11 painting of a tightrope walker over ground zero. [NYP]
• Slate plans to launch a new sister site devoted exclusively to business journalism. No one’s been hired yet, but Elizabeth Spiers already managed to turn down an offer to lead the site. [NYO]

• Apparently, Mary-Kate and Ashley Olsen don’t get fashion. But they’re working on it. In the meantime, feel free to spend $225 on a flannel shirt by them. [Fashionista]
• Lord & Taylor building is now landmarked. This will not affect you in any way. [NYT]
• Shake up at Estée Lauder! Andrea Robinson, president of the Tom Ford Beauty and Prescriptives brands, just bolted. [Fashion Week Daily]

Did Aaron Charney Only Get 100K From Sullivan?