Late Friday, former Times reporter Kurt Eichenwald bailed out of Portfolio. The magazine's second issue arrives this week. We can only guess at Eichenwald's motivations, but it certainly came hot on the heels of the firing of Jim Impoco, the mag's non-lapdog deputy editor who dared to disagree with editor Joane Lipman. Who's going next? Weirdly, a number of people have called or emailed us to ask us what we think will happen in the long run, as if we know anything. Our prediction: Lipman goes jobless just before Christmas, but the mag doesn't fold. Because it shouldn't. If someone could actually edit it, and stop second-guessing every single story, it could be just dandy. Random bonus prediction: Before Labor Day, Lipman disposes of a key staffer. Better-informed speculation than ours welcome. [NYO]
Late Friday, former Times reporter Kurt Eichenwald bailed out of Portfolio.