More water main breaks, Dick Cook's bad day, John Edwards' bad decision and more in Morning Buzz, tucked below the fold. Don't forget to check out Mark Lacter at LA Biz Observed, and you can follow Mark and Kevin on Twitter.

• The Emmy Awards were held last night, trophies were given to many well-dressed people. Winners
  Plus: KCRW's The Business asks "do the Emmys matter?" at 2:30 p.m. today.
• The latest water main rupture occurred Sunday in Venice, flooding Lincoln Boulevard. LAT
  Plus: DWP chief David Nahai, others discuss the crumbling pipes with Patt Morrison on KPCC at 1:30 p.m.
• Dick Cook was stunned by his firing from Disney in a 10-minute meeting with Robert Iger, but he shouldn't have been, say Claudia Eller and Dawn Chmielewski.LAT
• Southern California Transportation Coalition's Mobility 21 gathering is today at the Westin Bonaventure downtown. Much on the agenda. Info
• Legendary Republican campaign strategist Stu Spencer can't stand the brazen agenda pushing of Fox News or MSNBC. Glenn Beck? Sarah Palin? Please. Steve Lopez/LAT
• John Edwards, in seclusion and facing a grand jury investigation, is "moving toward an abrupt reversal in his public posture; associates said in interviews that he is considering declaring that he is the father of [Rielle] Hunter’s 19-month-old daughter." NYT
• With the election on Tuesday, Larry Mantle hosts a 10:30 a.m. discussion with three (and only three) of the CD2 candidates: Paul Krekorian, Tamar Galatzan and Christine Essel. KPCC
• A new $31-million, state-of-the-art Hollenbeck station for the LAPD on E. 1st Street is lifting spirits in Boyle Heights. LAT
• The longtime domestic partner of Spree DeSha, the LAPD officer killed last year in the Chatsworth Metrolink crash, is entitled to survivor pension benefits, Los Angeles Superior Court Judge Judith C. Chirlin ruled. MetNews
• Michael Jackson's ferris wheel from Neverland Ranch is "quietly touring the Midwest in the hands of a Missouri amusement company that bought it only because it needed another one for its stable of rides." AP
• Which L.A. area hospitals receive the most daily patients delivered by LAFD ambulance? California Hospital Medical Center was #1 in the period covered. List
• Yahoo will unveil a a big global marketing campaign Tuesday featuring the tagline, "It's You!" WSJ
• Hulu is internally beta testing a subscription service, say reports. Streaming Media
• San Pedro has another plan to bring life back to Ports O' Call Village. Daily Breeze
• Southern California Transit Advocates is opposing the proposed Line 902 (Van Nuys Blvd. to the North Hollywood Red Line Station) due to the process Metro used to create the route. SCTA
• The fiction piece by Marisa Silver in this week's New Yorker begins: "Vivian and Shelly lived in downtown Los Angeles, in an industrial space that belonged, nominally, to a ribbon factory, whose warehouse was attached." TNY