company town

Eliot Spitzer Saga to Be Made Into Enron-Style Book

• The inevitable book about the rise and fall of Eliot Spitzer will be published by Penguin. It will be written by Peter Elkind, the guy who wrote The Smartest Guys in the Room [NYP]
• All is well in the land of CBS today, despite the “Evening News” program’s low ratings: The network posted a 14 percent profit rise, prompting Viacom boss Sumner Redstone to give chief Les Moonves a pat on the back.[NYP]
• Meanwhile, Time Warner is planning to float its cable unit, which raises the question: What’s in store for AOL? [NYT]

• Yaaaaaay! We’re not in a recession. Barely. [AP]
• Investment bankers, take note: You have seven years to learn Mandarin. Want to schedule that into your Outlook? [Fortune]
• In the middle of a sweet week for Warren Buffett, speculators are wondering whether the candy king has his eye on plastic. And by “plastic,” we mean American Express. [DealBook/NYT]

• The latest on 15 Central Park West: Lehman Brothers’ chief financial officer, Erin Callan, checks into the building for a cool $6.48 million. [NYO]
• High-end, high-rent boutiques and hotels are making their way to the Lower East Side. [NYT]
• And on the West Side, Vikram Chatwal is turning a homeless shelter into the Downtown Dream hotel. [HotelChatter]

• Check out law-firm-diversity ratings. [Vault]
• Now you can actually see the Brooklyn-courtroom brawl where a convicted felon took down a female prosecutor with a razor blade. [WCBS]
• Law professors are suing their students. Is this some kind of new legal trend? [ATL]

Eliot Spitzer Saga to Be Made Into Enron-Style Book