By Choire, 5:36 PM on Thu Aug 9 2007, 675 views (Edit, to draft, Top, Slurp)

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Portfolio's second issue is closed, with 122 ad pages, says Folio. (The first issue had 185 ad pages.) Also, isn't it charming that someone at Conde Nast is spreading how just-fired deputy editor Jim Impoco was "reprimanded" about his expense account? Has anyone ever been fired from Conde Nast over an expense account? The place that gives editors clothing allowances? Didn't think so. Whatever, diversion! [Folio]