• ABC and NBC will face off on Thursday night with competing tributes to Farrah Fawcett, who died today. But you probably expected that, no? [NYT]
• David Letterman beat out Conan in the ratings last week, the first time the Late Show has dominated the weekly ratings since 2005. [THR]
• Rosie O'Donnell will debut a…
• More details about President Obama's plans to limit Wall Street pay are emerging. So is plenty of criticism. "I don't think the president should paint everyone with the same brush," says JPMorgan's Jamie Dimon. [BN, WSJ, BN]
• Wells Fargo has scrapped plans to host a employee conference in Las Vegas after the bank…
The new guard consolidates its power at Bloomberg. Spotted: "Norman Pearlstine and a tableful of Bloomberg L.P. staffers toasting new boss Andy Lack at Le Cirque surrounded by Elke and Ben Gazzara, Gena Rowlands, Marty Richards, Rex Reed and Nancy O'Shaughessy." [Post]
♦ Gordon Gekko will live again: A sequel to Wall Street is in the works, although Michael Douglas has yet to sign on to the pic. [Variety]
♦ The downturn has been good for financial news sites: CNNMoney.com and BusinessWeek.com have both experience record growth. [WWD]
♦ The new issue of Rolling Stone is shorter…
"Bloomberg LP, whose best-selling financial news and data terminals are ubiquitous on Wall Street, is trying to reassure jittery employees that it will weather the financial storm after the failure of one major client and the sale of another." [Post]
The Bloomberg financial newswire decided to update its 17-page Steve Jobs obituary today — and inadvertently published it in the process. Some investors were undoubtedly rattled to see, as our tipster did late this afternoon, the Apple CEO's obit cross the wire and then suddenly disappear. Jobs's battle with…
You thought Mike was worth plenty as is? He's about to get richer. The price of a Bloomberg terminal goes up on December 1st. [Dealbreaker]
John Thain is about to free up a bit more capital for beleaguered Merrill Lynch: According to the Times, Merrill will sell its stake in Bloomberg L.P. "for about $4.5 billion, people briefed on the matter said Wednesday afternoon." [NYT]
Michael Bloomberg is the greatest manager ever which is why pundits always want him to run for president. He's sooo great that he left an abusive tyrant in charge of his financial news company, and also that company gets sued every so often for being a hostile work environment for women. Last September, four women…
The lil' ladies suing both Mayor Mike Bloomberg and his company Bloomberg LP for being discarded after they became pregnant have claimed they knew the Mayor talked regularly with Bloomberg's CEO—despite the wee helicopter-flying oligarch's loud protestations that he has nothing to do with the company. Oh guess what?…
Looks like pointing the finger at Bloomberg LP corporate isn't going to save Mayor Mike from the sex discrimination suits breathing down his neck. The ladies suing his company for bias have now filed a complaint against the mayor himself for having "fostered, condoned and perpetuated" discrimination at the company.…
Other than a prolonged fascination with horses and pappy-signs-my-paycheck neuroses, we've always thought that Georgina and Emma Bloomberg were fairly well-adjusted. But we're starting to wonder how many sessions they've burned up with their therapists on Daddy Bloombucks' lady-hating ways. The Equal Employment…
