company town

Lehman Liquidates Three Funds to the Tune of $1 Billion

• Yahoo’s search for a white knight could take a surprising twist if Microsoft and the News Corp. band together to ward off Google. [NYT]
• If you look at the fine print, Apollo Global Management isn’t really doing that “initial public offering” thing. [DealBook/NYT]
• Lehman Brothers liquidated three funds worth $1 billion. [DealBook/NYT]

• Bill Clinton and Michelle Obama get bylines in…Us! [NYO]
• It must be so tough being full all the time. Glossy-magazine writer Alan Richman whines about being a food critic. [WWD]
• Is the bleak state of the newspaper industry Wall Street’s fault? Sure! [E&P]

• Can being too nice to lawyers with children cause big problems for big firms? []
Entertainment Weekly ranks the top fifteen most trustworthy television lawyers. Surprisingly, Atticus Finch beat out Lionel Hutz! [EW]

• The Willets Point Stadium project seems stuck in the seventh-inning stretch. [NYO]
• Update your résumés: The Freedom Tower needs an observation-deck operator. [NYP]
• After undergoing seven different zoning modifications, Chelsea’s HL23 building gets the green light. [NYP]

Lehman Liquidates Three Funds to the Tune of $1 Billion