Today's Fresh Blogs...

• It's Expensive Being Rupert Murdoch

  Published: August 3, 2007, 1:09 pm

  Tags: Company Town, Blackstone Group, China, Cravath Swaine Amp Moore, Dow Jones, Hendrik Hertzberg, Kate Moss, Marc Jacobs, Milberg Weiss, Morgan Stanley, News Corp, Oscar De La Renta, Philanthropy, Rupert Murdoch, Skadden Arps, Steve Schwarzman, The Nation, The New Yorker

  MEDIA • Did Dow Jones cost Rupert Murdoch an extra $1 billion just because he’s Rupert Murdoch? [Slate] • Rik Hertzberg to blog for The New Yorker. From YearlyKos. And without fact-checking. [

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• Jeffrey Goldberg Wants a Pony

  Published: August 6, 2007, 1:03 pm

  Tags: Company Town, Apple, Bancroft Family, Bear Stearns, Blogs, Coach, David Bradley, Dita Von Teese, Dow Jones, Forbes, Jeffrey Goldberg, John Roberts, Milberg Weiss, Phillip Lim, Roger Ailes, Rupert Murdoch, Steve Jobs, Supreme Court, The Atlantic

  Even though it looks like Milberg Weiss lied about paying kickbacks to class-action clients, some legal scholars argue that shouldn't be considered such a bad thing. [Law Blog/WSJ]

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• Murdoch Mulls the Liberation of WSJ.com

  Published: September 19, 2007, 1:00 pm

  Tags: Company Town, Alan Greenspan, Cnbc, Fox Business Network, Heatherette, Jon Stewart, Milberg Weiss, Nordstrom, Portfolio, Roberto Cavalli, Roger Ailes, Rupert Murdoch, Sullivan Amp Cromwell, Ubs, Wall Street

  plea in the long-running Milberg Weiss investigation gives prosecutors another big notch in their belt. But is Lerach getting off a little easy? [NYT, Law Blog/WSJ] • Diana Johnson, a State Supreme Court Justice, won the Democratic primary for a Surrogate Court judgeship in Brooklyn.[NYT] FASHION • Roberto Cavalli appears in

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• Facing Indictment, Mel Weiss Steps Down at Milberg

  Published: September 20, 2007, 8:44 am

  Tags: The City, Melvyn Weiss, Milberg Weiss Bershad Amp Amp Schulman Llp

  litigation firm of Milberg Weiss responded to news that an indictment is coming for its name partner, Melvyn Weiss, today: Milberg Weiss understands that a second superseding indictment will be issued tomorrow that will include new charges against the Firm and also Melvyn Weiss. Mr. Weiss has decided to discontinue his participation in

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• Rupert Murdoch and the ‘Journal’ Eye Washington

  Published: October 10, 2007, 1:32 pm

  Tags: Company Town, Agyness Deyn, Blackstone Group, Irina Lazareanu, Jeff Zucker, John Mccain, Kanye West, Lapo Elkann, Lily Cole, Milberg Weiss, Oxygen, Rupert Murdoch, Sidley Austin, Wall Street Journal

  Blog/WSJ] • Another Milberg partner bit the dust in the long-running class-action kickbacks suit. Steven Schulman faces some hefty fines and up to 33 months in prison. [NYP] FASHION • Lapo Elkann is likely to present his first ecofriendly denim line (with Care) in December. Also, he's in talks to buy Sartoria Domenico Caraceni,

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• Air America Host Randi Rhodes Mugged?

  Published: October 16, 2007, 12:53 pm

  Tags: Company Town, Chuck Prince, Citigroup, Deutsche Bank, Henry Paulson, Howard Kurtz, Isaac Mizrahi, Jack Shafer, Milberg Weiss, Morgan Stanley, Paul Steiger, Randi Rhodes, Rolex, Sandy Weill, Skadden Arps, Thakoon

  defendants in the landmark Milberg Weiss case pleaded not guilty, though Seymour Lazar, an 80-year-old accused of receiving class-action kickbacks, later turned around and reached a plea deal with prosecutors. [NYT, Law Blog/WSJ] • For their 60th anniversary, Skadden is supposedly putting together a little partner video. Can't wait till

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• Surprising No One, Rupert Murdoch Says Death of ‘Times’ Would Be ‘Nice’

  Published: October 18, 2007, 1:15 pm

  Tags: Company Town, Columbia, Donatella Versace, Kirkland Amp Brown, Milberg Weiss, Morgan Stanley, N 1, New York Times, Rupert Murdoch, Tom Gores, Versace

  [NYP] LAW • The Milberg Weiss scandal hasn't stopped Democratic candidates from taking big checks from the indicted lawyers. Also, check out why Bill Lerach is weathering the storm so much better than his old bud Mel Weiss. [NYT, Recorder] • Law & Order did a little filming at the New York office of Kirkland & Ellis. [Above

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• Falling Glass a Metaphor for Bank of America's Finances?

  Published: October 19, 2007, 1:43 pm

  Tags: Company Town, Balenciaga, Bank Of America, James Cayne, Kpmg, Kurt Eichenwald, Lily Allen, Lily Cole, Mark Healy, Milberg Weiss, Olivier Theyskens, Penthouse, Seymour Lazar, Stephen Colbert, Sullivan Amp Cromwell, Warren Buffet

  to plead guilty in the Milberg Weiss case. When asked if he understood his plea, the 80-year-old Lazar responded "Totally." [Law Blog/WSJ] • Judge Kaplan delayed the marathon KPMG prosecution yet again and DQed Latham partner Steven Bauer due to conflicts of interest. [Law Blog/WSJ] FASHION • Models are getting younger. In

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• Editors Give Zinczenko Bombast an ‘F’

  Published: October 30, 2007, 1:32 pm

  Tags: Company Town, Anne Klein, Arianna Huffington, Bank Of America, Bear Stearns, Cravath Swaine Amp Moore, Dave Zinczenko, Jeff Zucker, Kate Moss, Mbas, Men S Health, Milberg Weiss, Rupert Murdoch, Vera Wang, Wall Street

  guilty in the blockbuster Milberg Weiss class-action kickbacks prosecution. [NYT] • Shocker: Law-firm associates are actually happy! A new survey shows 45 percent are "highly satisfied," while another 45 percent deem themselves "more or less" happy. Guess all those raises may actually have worked. [Law Blog/WSJ] FASHION •

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• Al Gore: Cashing In on His Big Year

  Published: November 12, 2007, 12:02 pm

  Tags: Company Town, Aaron Charney, Al Gore, Cbs, Chris Matthews, Chuck Prince, David Beckham, Erin Fetherston, Fox, General Electric, Giorgio Armani, Goldman Sachs, Harvard, James Cayne, Marc Jacobs, Milberg Weiss, More, Nbc, News Corp, Reader S Digest, Richard Parsons, Silicon Val

  guilty in the massive Milberg Weiss investigation, lashed out at Wall Street CEOs and compared Chuck Prince and Stan O'Neal to Jeff Skilling at Enron. Sore loser, anyone? That's what happens when you have to pay the government $8 million and serve a year in prison instead of winning a $161.5 million going-away present, like Stan O'Neal.

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• Steve Schwarzman Takes the Fun Out of Buybacks

  Published: January 11, 2008, 12:15 pm

  Tags: Company Town, Amber Valletta, Bank Of America, Cadwalader, Countrywide, Dan Cooper, Donna Karan, Fox News, Lou Dobbs, Maureen Dowd, Merrill Lynch, Milberg Weiss, Roger Ailes, Shalom Harlow, Steve Schwarzman, Valentino

  FINANCE • Steve Schwarzman found yet another way to stiff his investors, using the GSO deal as an elaborate cover to buyback shares of Blackstone without the typical benefit a buyback program gives to other shareholders. No wonder the Chinese, who have lost $1 billion on Blackstone, hate him. [DealBook/NYT] • Bank of America bought

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• Sandy Weill Pulls Golden Carpet From Underneath Charles Prince

  Published: May 23, 2008, 1:00 pm

  Tags: Company Town, Bear Stearns, Beekman Place, Business, Charles Prince, Citigroup, Finance, Frank Gehry, Harlem, John Mccain, Madison Avenue, Milberg Weiss, Nbc, Sanford Weill, Time Warner, Tribeca, Verizon, Wall Street, Wall Street Journal

  LAW • New York firm Milberg Weiss is being sued for allegedly obtaining $251 million in attorney fees through illegal payments to name plaintiffs. [Law.com] • A number of lawyers are leaving the profession for other job fields. [Law.com] • This whole downsizing trend for summer-associate programs that's been rocking the

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• The Freedom Tower Has an Empty Dance Card

  Published: June 17, 2008, 1:48 pm

  Tags: Company Town, Bonnie Fuller, Freedom Tower, Goldman Sachs, Katie Couric, Loews, Michelle Obama, Milberg Weiss, Nyse, Port Authority, Rudy Giuliani, Tim Russert, World Trade Center

  York–based law firm Milberg: The law firm will survive, but with the burden of a $75 million penalty. [Law.com] • Brooklyn attorney Loretta McHenry's alleged that Judge Robert Katzmann defamed her when he rejected her appeal in an employment-discrimination case, but a federal judge has thrown out the plaintiff's action. [Law.com]

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• Chairman Cox Bans Naked Short-Selling

  Published: July 16, 2008, 2:00 pm

  Tags: Company Town, Barbara Corcoran, Bear Stearns, Bill Marler, Brooke Astor, Christopher Cox, Lehman Brothers, Milberg Weiss, Sec, Viacom, Wall Street Journal, Wildenstein

  happened. [WSJ] • The Milberg saga just keeps dragging on. Yesterday the firm defended a pay deal with co-founder Melvyn Weiss, who was sentenced to 30 months in prison for organizing a kickback scheme, in the wake of a Wall Street Journal editorial that criticized the firm's actions. [Law.com] • If more Manhattan attorneys had

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