• John Huey is finally initiated as the successor to Norm Pearlstine's editorship at Time Inc. The ceremony involved branding, hazing, and some tasty swag.
• Daily News EIC Michael Cooke barely lasts 10 months before scampering back to the Windy City. At least he'll be taking a nice, new pair of shoes home with him.
• The Upper East Side's finest brats open their own under-18 Chelsea nightclub, where they won't be drinking or blowing rails.
• Fabulist Jayson Blair returns to the Times building, but naturally lies about the incident.
• Actor Chris Klein attends the Condé Nast holiday luncheon!
• We haven't sold out to the New York Times Company, but can you imagine if we did?
• Body-armor magnate David H. Brooks breaks all records for nauseating indulgence by throwing his daughter, Elizabeth, a $10 million bat mitzvah at the Rainbow Room, complete with A-list entertainment and princess costumes.
• Woody Allen graces Lincoln Center, prompting us to recall when his films were consistently good.

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