The New York Times is re-grouping its media reporters from the second-floor Business desk and the fourth-floor Culture desk into a new mid-way pod on the third floor, in the latest attempt to get the two teams of reporters to work together. "In my time here, I think it’s the third time there’s been a separate media pod,” said TV reporter (since 1989) Bill Carter. John Koblin at the New York Observer has the memo with the names and a follow, and Nikki Finke has a take.

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8:44 AM Sat | Bev Hills billionaire Ron Burkle has $56 million in loans against his two houses. The McCourts have borrowed $28 million on their properties.
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As newspapers and television pull back from investigative reporting, foundations and other organizations are beginning to fill the void. One of the most interesting is Accountable California, a project of Local 721 of the Service Employees International Union.
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Thinking more about buying less.
Here in Malibu
This drains to the ocean.
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