• Lou Dobbs is leaving CNN! Tonight's his last show! Happy Wednesday! [NYT]
• Condé Nast magazines have lost a collective 8,359 pages of advertising in 2009, which represents a 31 percent decline from a year earlier. [NYT]
• One thing that Hearst has going for it: lots of cash in the bank. [NYP]
• Banker-turned-media investor Jimmy Finklestein is reportedly buying the Hollywood Reporter, Billboard, Adweek, and a few other Nielsen titles. [Wrap]
• Current TV is keeping current with the times and laying off 80 staffers. [LAT]
• TV: Joss Whedon's Dollhouse has been canceled by Fox; meanwhile, ABC has decided that Kelsey Grammer comedy series Hank will exist no longer.
• Détente? President Obama has agreed to give Fox News an interview. [HP]
• The New Yorker sure has lots of writers and editors! [NYO]
• Reality TV is slowly killing us. So says Vanity Fair's James Wolcott. [VF]
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Roundup: Media & Entertainment
Washington
Watch Your Back, Tim Geithner
Politics

Billy Thompson Leaves the House Empty-Handed | Poor Bill Thompson. As much as he'd like to hear President Obama publicly endorse his candidacy for mayor, he just can't seem to get him to utter the words. At last night's Democratic National Committee event at the Hammerstein Ballroom, Obama did make mention of Thompson. ("Our candidate for mayor, my friend Billy Thompson, is in the house.") But it clearly wasn't what Thompson had been hoping for. When asked if he considered the Obama shout-out to be an endorsement—he did say "our candidate," after all!—Thompson put it bluntly: "No. Do you consider that an endorsement?" [Politico, NYT, NYDN]
Roundup: Eating & Drinking
• Barack Obama had lunch today at Craftsteak, just so you know. [NBC]
• Corsino, the latest restaurant by Jason Denton of 'ino and 'inoteca fame, has opened in the space previously occupied by Frederick's Downtown. [UD, GS]
• Unfortunate news for new NYT restaurant critic Sam Sifton: His predecessor, Frank Bruni, says it's impossible for critics to be anonymous these days. [CNN]
• Did you know LA has surpassed NYC as the "deli capital of America"? That's what the author of a new book on the delicatessen says, at least. [LAT]
• Megu is the latest restaurant to get slapped with a labor lawsuit. [GS]
• Bon Appétit isn't following in Gourmet's footsteps and closing down. But it did reportedly hand out pink slips to a bunch of staffers today. [Gawker]
• Fashion stylist Robert Verdi, who says "thin is in," isn't the most tolerant guy in the world: "I think food is for fat people and poor people," he says. [Cut]
Gossip
Brinkley and Cook Make Nice; Megan Fox's New Gig
• After another wild day in court, Christie Brinkley and Peter Cook settled their latest round of legal issues yesterday. But not before Brinkley called her ex an "extreme narcissist," and Cook returned the favor by telling reporters she was an "angry, bitter, vindictive woman." At least it's nice to know they still have feelings for each other, though! [NYP, NYDN]
• As easy as it is to picture Courtney Love sitting in front of her computer punching numbers into an Excel spreadsheet, it turns out she may not be the best financial planner in the world. Love owes $300K in back taxes, according to the government. [TMZ]
• Michael Lohan says he knows who Lindsay's drug dealer is and he plans to reveal all in an effort to "save" his daughter. So who is he? "He has no job. He does nothing. All he does is supply everyone in LA." Call us crazy, but supplying "everyone" in LA sounds like a pretty good job to us. [Radar, NYDN]
• Get ready to see a lot more of Megan Fox dressed in, well, not much: Giorgio Armani has tapped her to star in his new underwear ad campaign. [WWD] More
Politics
Weakest Endorsement Ever
President Obama endorsed Bill Thompson in the race for mayor today. But he managed to do so without uttering the words himself (Obama spokesman Robert Gibbs delivered the news) and without referring to Thompson by name (Gibbs described as the "Democratic nominee"). And then he followed up by complimenting Mayor Bloomberg, just to hedge a bit more: More
Honors

Yes He Did, Apparently | In a major upset, the Nobel Committee announced this morning that it's awarded this year's peace prize to President Obama for "his extraordinary efforts to strengthen international diplomacy and cooperation between peoples." [AP, Reuters, NYT]
Appearances

The Graying of a President | President Obama's graying hair has been covered since the very early days of his administration. But Paul Bedard of US News & World Report is now suggesting he's getting even grayer now that "successes haven't been as easy to grab," and he's had to deal with so much angst over the situation in Afghanistan and the battle over healthcare reform: More
Fashion
Tim Gunn Takes a Stand
Michelle Obama has been beloved by the fashion community since the early days of the 2008 campaign, as you're probably well aware. But she's now in danger of losing a fan in Tim Gunn. It seems the First Lady made the disastrous decision to wear a pair of crocs a few weeks ago and the Project Runway host isn't having any of it. On the Bonnie Hunt Show yesterday, Gunn started off by saying he was prepared to give Michelle the benefit of the doubt just this once. "I'm trying to look at this positively," he says. "I'm trying to think she was doing a footwear experiment. And she's decided to put them aside."More
Charity Auctions

Recreate Obama 'Date Night' in the Comfort of Your Own Home | Ever wish you could rest your rear end in a seat where the President and First Lady once sat? Now you can! The owners of the Belasco Theatre are auctioning off the seats that the Obamas sat in when they attended a performance of "Joe Turner's Come and Gone" during their "date night" in NYC last spring. [NYP]
Politics

Scary Rudy Rumor Quashed | Is Rudy Giuliani planning to run for president again in 2012? And is that why President Obama encouraged Gov. Paterson to abandon his gubernatorial bid? (The theory being that if Giuliani becomes New York's governor next year, he'd be better positioned to compete in a presidential election in 2012, and that by pushing Paterson aside, the chances of Rudy taking Albany are greatly diminished.) That's "insanity" and "very silly," and it ain't gonna happen, says Steve Kornacki. [PolitickerNY]
Politics

Paterson Rebounds—Sort Of | Gov. David Paterson wasn't in a good mood yesterday. Still on the defensive following the revelation over the weekend that President Obama has been quietly (or not-so-quietly) urging him to abandon his 2010 gubernatorial campaign, the governor had to come face to face with the president when Obama stopped off in Albany yesterday to give a speech. (And had to suffer the embarrassment of having the president turn his back to the cameras, "as if to avoid the taking of images that would show the two men in a warm embrace.") But what a difference a day makes!More
Visiting Dignitaries
The Mess in Midtown
If there's any way you can avoid Midtown today, do so. Thanks to roughly 120 heads of state in New York for the opening of the UN General Assembly, this will likely go down as the absolutely worst day of the year as far as gridlock and temperamental cab drivers are concerned. (If it makes you feel any better, President Obama extended his apologies to NYC residents for all the traffic tie-ups on the Late Show with David Letterman last night.) More
Gossip
Jessica's Dog, Lindsay's Thief & Anna Nicole Unsealed
• Friends worry Jessica Simpson is "at the lowest point of her life" now that she's lost her beloved dog, Daisy. Others say she's coping "better than her friends may realize." Either way, we she's probably feeling much better now that her friends are sharing her innermost feelings with the tabloids. [People]
• The man suspected of breaking into Lindsay Lohan's house wasn't a complete stranger: The two reportedly hung out on the set of her film Labor Pains last year. The girl's not the best judge of character, as you've probably realized by now. [TMZ]
• The drugs that were prescribed to Anna Nicole Smith amounted to "pharmaceutical suicide," according to newly unsealed court documents that were obtained by the LA Times. Most disturbing: The documents also reveal that both of Anna Nicole's doctors "transgressed professional boundaries by having sexual contact with their famous patient." [LAT]
• Michelle Obama gave Barack the silent treatment at points during his campaign for president because she was pissed about all the women throwing themselves at him, according to a new book. There was even a hot young campaign aide who was mysteriously "relocated" after developing a close relationship with the President. [NYDN, P6]
• Did you catch President Obama's appearance on Letterman last night? [MTV]More
Media Roundup
Emmy Ratings, Bloomberg's Bid & The Post Parody
• Despite all the talk of the impending demise of the TV industry, ratings for last night's Emmy Awards weren't too shabby. The three-hour show was seen by 13.3 million people, which is up 8 percent from last year. [THR]
• Bloomberg LP has officially submitted its bid to buy BusinessWeek. [BW]
• Michael Musto of the Village Voice is hearing rumors that Conde Nast is planning to shutter five of its titles as it looks to slash costs. [VV]
• A group of activists affiliated with The Yes Men handed out copies of a New York Post parody this morning as part of an effort to draw attention to climate change; a number of them were later detained by the NYPD. [DF]
• Despite low ratings and lousy reviews early on, Katie Couric is expected to anchor the CBS Evening News until her contract expires in 2011. [NYT]
• Barack Obama made appearances on just about every Sunday morning talk show yesterday. With the exception of those on Fox News, that is. [LAT, [HP]
• Obama's media tour will continue tonight when he sits down alongside David Letterman on his late-night show, a first for a sitting U.S. president. [NYT]More
President Obama now has a backup plan in the event he decides to kick Treasury Secretary Tim Geithner to the curb. 








