Cityfile: New York's Most Notable and Influential

The Robert F. Kennedy Center for Justice & Human Rights is holding a celebrity auction to raise money for the non-profit organization. And they've lined up an impressive collection of items. Any interest in paying a visit to the set of Larry King's show in LA? Not only will you get a chance to make small talk with the 114-year-old host, he'll also take off his suspenders, sign them, and let you take them home with you. Act fast, though. The bidding is up to $1,500. If that doesn't tickle your fancy, perhaps you'd like to "enjoy" (their words, not ours) a 20-minute phone chat with Suze Orman? Do note, though, that you'll need to bid a minimum of $1,000. More

• Olivia Palermo's imaginary career is on fire. The City star is reportedly leaving her "job" at DVF to "work" in the publicity department at Elle. So if you see anything in Elle that seems to have been ripped from another magazine, now you know who to blame. [P6]
• Jay-Z demanded a Maybach, champagne, "good quality" peanut butter and jelly, 12 shot glasses, and a pack of Marlboros—along with $750,000—before agreeing to perform at the University of Arizona last month. [SG, P6]
• Jesus Luz's dad says his son and Madonna "definitely" plan to tie the knot in a Kabbalah ceremony shortly. But Jesus won't have to bother signing a prenup since the marriage won't be legally binding. [NYDN]
• The good news for Amy Winehouse: She's reportedly no longer addicted to drugs. The bad: She's supposedly traded the drugs for booze. [OK!]
• Man of the people: Goldman Sachs CEO Lloyd Blankfein was spotted flying coach on a flight from New York to DC. [P6]More

• To celebrate 1,000 episodes (and 35,892 sound effects), CNBC's resident buffoon, Jim Cramer, rang the opening bell of the NYSE today. [CNBC]
• Sales of romance novels are on the rise, since in times like these, we all just want to indulge in happy endings. Or something along those lines. [NYT]
• Why is the New York Times Co. frantically looking to cut costs at the Boston Globe? For one thing, it's on track to lose $85 million in 2009. [NYO, Portfolio]
• It's hard getting people to pay for newspaper content they now get for free. Let Coke guide you, Arthur Sulzberger Jr.: "Coca-Cola took tap water, filtered it and called it Dasani, and makes millions of dollars a year." [NYT]
• Magazines are blurring the line between editorial and advertising by putting ads on the cover. If they don't, they go bust. Rock, meet hard place. [NYT]More

• The Treasury is expected to announce in the next few days that it will be extending bailout funds to a handful of life insurance companies. [WSJ]
• Brian Moynihan, who took over Merrill Lynch after John Thain was ousted, is emerging as a potential successor to Bank of America chief Ken Lewis. [WSJ]
• Not that Lewis necessarily needs to be replaced, at least according to Meredith Whitney, who (bizarrely) says Lewis has "done a great job." [BN]
• Blackstone, KKR, and Carlyle are in the running to acquire the mobile phone operations that Verizon Wireless is selling now that it's acquired Alltel. [BN]
• Looks like Jim Cramer has a new enemy. Nouriel Roubini is calling the CNBC star "a buffoon," and Cramer has since responded in kind, of course. [NYP] More

Stocks were up big today after regulators agreed to change an accounting rule and world leaders at the G-20 summit pledged more than $1 trillion to revive the global economy. So you know what that means: Jim Cramer now says the depression is over! Feel better now?

• NBC is chopping 6 shows, including, yes, the Chopping Block. [THR]
• It's rumored Budget Travel has, yes, cut its budget. [Gawker]
• Another stain on Jim Cramer, not that he needs it: In '07, he called Andrew Cuomo a "communist" for proposing mortgage industry regulation. [NYT]
• The Times's Bill Keller sheds some light on yesterday's cuts and layoffs. [E&P]
• Condé Nast's Chuck Townsend sheds light on his staff changes. [AdAge]
• Lionsgate slashed 8 percent of its staff today. [THR]
• Newspaper ad revenue dropped 17.7% in 2008. [E&P]
• Americans spend 8.5 hours a day consuming video content. [NYT]
• Facebook needs a (generous) friend: It's trying to raise $100 million. [PC] 
• Cable company Charter Communications is officially bankrupt. [NYT]

Getting crushed by Jon Stewart last week wasn't the end of the bad news for Jim Cramer. Last week, TheStreet.com, the financial news site that Cramer co-founded and continues to oversee as chairman, lost its longtime CEO, Thomas Clarke. Today the company laid off 18 staffers as part of a plan to slash $2.4 million in costs. We'd hate to second-guess Cramer given his rep as all-knowing financial guru, but if the company was really looking to reduce overhead in a hurry, wouldn't it have been easier to have started with Cramer's seven-figure salary? Just a thought! [PaidContent]

• Former president George W. Bush has signed a deal with Crown to publish a memoir. Rumor has it he landed a $7 million advance for the book. [AP, NYP]
• For his part, Barack Obama has two books in the works with Crown. He plans to release an abridged, youth-oriented version of Dreams From My Father as well as write a nonfiction book once he leaves office. [CBS News]
• CNBC's keeping it classy. Larry Kudlow set a dollar bill on fire today. [CJR]
• Jim Cramer is still rattling on about Jon Stewart. [Gawker]
• NBC is planning to launch a "singing competition series" that sounds a lot like—yes, you guessed it—Fox's American Idol. [THR]
• CBS is keeping Two and a Half Men on the air through 2012. [NYT]
• The finalists for the Man Booker International Prize include E. L. Doctorow, V. S. Naipaul, Joyce Carol Oates, Mario Vargas Llosa and Alice Munro. [NYT]
• The noms for the National Magazine Awards are out. [AdAge]
• The cable channel Starz would like to remind you that it exists. [NYT]
• How screwed is the newspaper biz? Here's a pic that sums it up nicely. [BI]

• NBC chief Jeff Zucker says that despite the fact Jim Cramer got his ass handed to him last week by Jon Stewart, it's had absolutely no impact on CNBC. Believe that and you may also be willing to buy that everything's perfect at MSNBC and NBC, and Zucker has a perfect head of hair, too. [Portfolio, B&C]
• Crain Communications has cut 150 staffers and sliced salaries by 10%. [PC]
• Don Hewitt, the creator of 60 Minutes, is in the hospital with cancer. [Wow]
• Media advertising fell 2.6% in 2008, according to Nielsen. [B&C]
• Interview seems to be having financial difficulties. [Gawker]
• Discovery has filed a patent suit against Amazon over the Kindle. [WSJ]
• The Hills's Audrina Patridge has a reality show of her own in the works. [THR]
• CNN's Lou Dobbs is a racist. But you probably knew that already. [Gawker]

• Jon Stewart's smackdown of Jim Cramer last week generated some of the biggest ratings The Daily Show has ever seen, not surprisingly. [MediaPost]
• Portfolio editor Joanne Lipman has once again defied logic (and some of her Condé colleagues) by putting Sarah Palin on the cover of the new issue. [WWD]
• Condé Nast is expected to trim Richard Beckman's ad sales group. [AdAge]
• Liberal activists have launched a petition drive targeted at CNBC. [AP]
• ICM's Esther Newberg has sold a memoir by Paul Allen to Penguin. [Crains]
• More on Eric Siminoff's split from Lynn Nesbit and Mort Janklow. [NYO]
• Mel Karmazin sounds off on his fight to redeem Sirius and his rep. [Fortune]
• Ratings for Donald Trump's Celebrity Apprentice continue to slide. [AdAge]
• 60 Minutes is the "hottest show on TV." Who knew? [Newsweek]

Jim Cramer's Slow Death | Jim Cramer is a buffoon and dispenses terrible advice; by all accounts, he was a mediocre hedge fund manager before he even became a media celebrity. But he has a long track record for legally questionable behavior, too, as numerous people have pointed out over the years. Gawker has a good roundup of the charges that have been lobbed Cramer's way over the years. [Gawker]

• Jon Stewart's showdown with Jim Cramer is getting mixed reviews, mainly because both deviated from their typical personas: the normally brash Cramer was a wimp and Stewart wasn't funny. It "felt like a Senate subcommittee hearing," writes Alessandra Stanley. [NYT, Salon, Atlantic, ABC]
• TMZ and Extra have extended their coverage to the financial services industry! Isn't it ironic that TMZ has exposed more corporate misbehavior over the past few months than CNBC has? Because it sort of has. [NYT]
• Google sales chief Tim Armstrong is the new chairman and CEO of AOL. [WSJ]
• Jim Kelly is stepping down as managing editor of Time Inc. [NYP]
• Fox has dumped Peter Liguori in favor of Fox Searchlight's Peter Rice. [THR]
• More changes are ahead at the Peter Brant-owned Interview. [WWD]
• Mel Karmazin says Sirius's poor performance last quarter was due to "doom and gloom" rumors suggesting the company would go bankrupt. [WSJ] 
• Jimmy Fallon finished his first week with solid ratings, beating out the numbers that Conan O'Brien typically generated. Depressing, huh? [Variety]

• Investors are finding "wisps of hope" in the current not-so-bad economic news, so the three-day winning streak on Wall Street may continue today. [DB]
• AIG reached out to Warren Buffett twice before ultimately collapsing. [BN]
• Citigroup is looking at adding four new people to the company's board. [WSJ]
• Ken Lewis seems to be sending signals he wants out of BofA. [Dealbreaker]
• H. Rodgin Cohen is out of the running to be deputy Treasury secretary. [DB]
• There's already chatter that Treasury Secretary Tim Geithner may get pushed aside in favor of—yes, you guessed it—Steve Rattner. [BI]
• How bad is it for hedge funds? John Paulson was up 38 percent last year and he still lost 16 percent of his assets during the last half of 2008. [Portfolio]
• Two things you never expected to see: A meek, frightened Jim Cramer on national television. And a comedian talking about CDOs. [The Daily Show]

• Jim Cramer hits The Daily Show tonight. And in what can only be interpreted as an effort to dial down the ass-kicking headed his way, Cramer is now claiming Jon Stewart is "his idol." Good luck with that there, Jim. [HP]
• Should CNBC's Erin Burnett really be making appearances on Donald Trump's Celebrity Apprentice? Maybe not: "NBC keeps testing the limits between news and entertainment in pursuit of cross-promotional synergy." [NYT]
• "Sully" Sullenberger has scored a two-book deal worth $3 million. [TDB]
• Ann Coulter "has been especially noisy in her self-promotion lately," which may have something to do with the fact her book isn't selling. [Portfolio]
• More and more TV shows are working the recession into storylines. [ABC]
• These are dark days for the newspaper biz, as you've probably heard. [NYT]
• More on Ross Douthat, the conservative blogger who has been hired by The New York Times to take over Bill Kristol's Op-Ed column. [E&P]
• Post staffers reflect on the life and times of Braden Keil, the paper's real estate columnist who died on Tuesday and who will be very much missed. [NYO]

• Jon Stewart ripped Jim Cramer apart once again on his show last night. And now Cramer is planning to appear on The Daily Show on Thursday. [Gawker]
• William Morris and Endeavor are said to be in merger talks. [NYT]
• Time Inc. chief Ann Moore says the company is thinking about turning Time.com and People.com subscription-based sites. [Folio]
• For its part, Disney is launching a new "portal." It's 1999 all over again! [WSJ]
• Former NBC prez Katherine Pope is said to be in talks with News Corp. president Peter Chernin about joining his new production firm. [THR]
• Is liberal talk radio host Ed Schultz destined for a gig with MSNBC? [NYO]
• Needless to say, the Daily News is taking issue with the list suggesting the paper is likely to go out of business in the near future. [Crains]
• The plug has been pulled on David Alan Grier's Comedy Central series, Chocolate News. Let's all take a moment to mourn, okay? [NYT]