• Because he always knows what's right, Carl Icahn thinks Time Warner's stock would be trading much higher if his decisions were put into place. Namely, breaking up Time Warner. [Business Week]

• During this morning's online chat, WaPo exec editor Leo Downie Jr. says he doesn't think Bob Woodward should resign — though he does believe he should've shut up on TV. [WaPo]

• At this point we really don't need Wenner Media "insiders" to tell us that Jann Wenner and Kent Brownridge haven't been getting along of late, especially since Gary Armstrong in marketing refused to go to alcohol rehab. [WWD & Lowdown]

• British publisher Emap is said to be mulling the sale of its American FHM — and Hearst looks interested, even after shuttering the never-seen Bullet. [NYP]

• Jeff Zucker is tired of blogs receiving so much attention. All the buzz that My Name Is Earl has received, however, he's totally cool with. [Daily Northwestern]

• Since he's on the way out anyhow, we're applauding Ted Koppel's public lashing of President Bush. "One fiasco after another" is how he tells it — just like ABC News! [NYP]

• Colleen Curtis is leaving the Cooke jar at the Daily News to become a supervising editor at Good Morning America, where she's expected to feed us reports on exec producer Ben Sherwood's rage levels. [NYP]

• Good news: Dick Cheney isn't Bob Woodward's source. Bad news: Dick Cheney is still your vice president. [AP]