Actually, it's the cover of the new Businessweek. Editor Josh Tyrangiel says it's "ugly on purpose."

Meanwhile, Jon Stewart takes aim at the president's relentless efforts at raising money. By the way, whose bright idea was it to have Anna Wintour pitching for the Obama effort? What are these guys thinking?



Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.