Sarah Palin's Pipeline Doesn't Actually Exist

THE MORE YOU SUFFER, THE MORE MONEY ALASKA MAKES The pipeline and gas prices (Photo: State of Alaska) Entertainment

• Ha! The very early Oscar picks are in!

Politics

• That natural gas pipeline that Sarah Palin built from Alaska to the Lower 48? Actually it only exists on paper and hasn't gotten federal approval yet—and might never be built.

Media

• A Mega-rich Mexican raider has bought up 6.4 percent of the New York Times stock—which means he thinks that stock will turn around in the next few years! Hmm!

• MSNBC anchor Keith Olbermann says that New York Observer TV reporter Felix Gillette "made up a quote or printed a quote made up by someone else" when he quoted Andrea Mitchell.

• In its second week on air, 90210 lost a third of its audience.

Business

• Some of the world's largest financial services institutions "marketed allegedly abusive transactions that helped foreign hedge-fund investors avoid billions of dollars in U.S. taxes over the past decade."

Retail

• Bloomingdale's is rolling out mini-stores in Santa Monica and Washington D.C.