Tribune Co. Clown-in-Chief Lee Abrams has been suspended after sending a poorly-timed memo linking to a video about "Sluts." By our reckoning, that was only the tenth-dumbest thing he's done since his reign of goofball memo terror began. ATTACK!

All Americans are currently home sharpening their hatchets, consumed by burning class rage, thinking of how they can't wait to gut those AIG bonus bastards like a fish. And now we know some names!

Martha Stewart Living Omnimedia, the domestic queen's massive publishing and television conglomerate, has just announced that its CEO, Susan Lyne, has (ahem) "stepped down." Replacing Lyne will be two co-CEOs—an equivocation that often signals that a company was not well prepared for an executive transition. Lyne came on as head of the company when Martha Stewart went to jail in 2004, and has presided over a big drop in MSLO's stock price. But while her departure may have been inevitable, it's not necessarily a productive move. The magazine industry is in an irreversible decline, and no number of firings will change that fact. Sorry!

Ah, the good old days of 1947: a simpler time, when titans sat astride the corporate world, and those titans had desks appropriate to men with superhuman prestige—desks that were acknowledgments of the widespread on-the-job alcoholism that was the style at the time. Modern Mechanix digs up a Popular Science story from '47 about an executive dream desk with everything a man could possibly desire: a 'work' side with a six-tube radio, Teletalk Intercommunication Master Unit, and electronic dictaphone; and a 'play' side with a wet bar and fridge. Oddly, the personal safe is also on the 'play' side, but the cigarette lighter is on the work side. A different culture. The cost of this masterwork? "Well into the four figures." Larger image of the story, after the jump.

Elisabeth Murdoch—the daughter of News Corp. chief Rupert Murdoch, owner of all currently operating media outlets—has a personal story that Horatio Alger would appreciate. Sure, today she's the CEO of her own production company. But she started with nothing. Absolutely nothing. Elisabeth Murdoch was once a lowly, unappreciated "broke acquisitions executive" on the bottom rung of the ladder, according to Elisabeth Murdoch. In a recent speech to a crowd of other wealthy entertainment executives [Hollywood Reporter], she delivered a tale of woe and triumph that will serve as an inspiration to people who, like Murdoch, had to work their way up with pure grit:

The new Fortune profile of bald, internet-loving NBC chief Jeff Zucker doesn't bring anything to the table in terms of information—Some people think Jeff Zucker is an asshole! NBC is in a lot of trouble! Somehow Zucker still has a job! "Joey" really sucked!—but is of some interest because of its premise. You see, Zucker is a lot like Jack Donaghy, the fictional beleaguered NBC exec on the actual semi-popular NBC sitcom "30 Rock." Donaghy is played by Alec Baldwin, whose recent telecommunications issues have made him oh-so-ubiquitous in the media lately. Fortune did a photoshoot and a "humorous" interview with the pair, which it subsequently decided "amidst the subsequent Baldwin controversy, not to use in the magazine." Because controversy is really best just ignored when trying to sell magazines. At least they ran 'em online—our personal favorite is the image to the right. Oh gosh, jeez, good golly, one can only imagine what Baldwin's saying into the "phone"!