As Jason Binn's Niche Media joins Viacom this month in a supreme round of staffer bloodletting, many insiders don't have much sympathy for a one Samantha Marcus Yanks, the fashion editor at Gotham and Hamptons, and formerly of Vogue and O.

That's because Yanks, seen here at her wedding to husband David in 2003 — and here's the requisite Times wedding announcement — "has a habit of hanging on to all the designer goods she collects from photo shoots," claims one industry insider. So the story goes: Yanks was sent $400,000 worth of designer goods and, like the stuff you would see out of The Devil Wears Prada, didn't return them. "Interns would have to lie for her to designers." (We reached out to Yanks for comment; we haven't heard back.)

Is it unheard of for fashion and accessories editors to hang on to some of the goods they're sent for review or use in shoots? No. But like today's Dow Jones, the valuation is much less.

The most interesting part of this Q&A with Bill Hemmer in Hamptons magazine is that it appeared in Hamptons magazine, not on a Fire Island blog.

The Memorial Day Weekend didn't just kick off the summer Hamptons season – it also began the summer Hamptons magazine printing schedule. And with this, the magazine's 30th anniversary, publisher Jason Binn, who bought the title in 1999, takes readers on a retrospective of the magazine. [WWD]

At left, Madonna's July 4, 1985 issue; at right, the current Kim Cattrall edition, which was feted over the weekend; somewhere in the middle, the end of the East End's big hair and the beginning of its big yachts.