He's Laying Off HR People! "Tribune Co. human resources employees are getting instead of giving pink slips, the flagship Chicago Tribune reported Thursday."

He's Buying Hotels! "After Monday's market close Equity Group Investments, headed by Zell, disclosed it now owns 14,750,000 Starwood shares, or a 7.7% stake in the upscale hotel and resort operator."

He Likes Porn! "In response to a question, Mr. Zell also talked about the importance of adding more local stories to the front page. When discussing newsroom decorum, he told reporters that if they want to watch porn all day at their desk then go for it! As long as they're productive. He added, with a smile, 'Let me know if you find any good sites.'"