Vanity Fair contributing editor and Graydon Carter pal Fran Lebowitz has some words of advice for a certain similarly named colleague. Annie Leibovitz, your ears are burning.

The Observer caught Lebowitz at a Graydon Carter-hosted book party last night and asked her what she thought of the McKinsey consultants descending on Condé Nast:

"Well, I don't think it's anyone working there who hired them!" Ms. Lebowitz said. "The thing is, everyone seeks a lot of advice now. People who make $40,000 a year have financial consultants. 'How should I deal with my money?' Don't spend all of it! It's just common sense."

Annie, you should listen to Frannie.