— DIANE CLEHANE

Those corporate bean counters that put a crimp in expense accounts all over town must be loosening up a bit, because it was SRO today at Michael’s. A slew of magazine folks (See, print isn’t dead after all!), media mavens and the requisite flock of social swans were packed into the dining room. Jimmy Buffett showed up half way through lunch, and the place was so crowded I couldn’t even make out where he landed.

I had a dishy lunch today with MarketWatch columnist Jon Friedman. (Sorry, but most of the good stuff was off the record). Jon, who has toiled for USA Today, BusinessWeek, and Bloomberg, has been writing an online media column since 2005 that’s a must-read for the Michael’s crowd. These days he churns out an average of three columns a week. His recent piece on whether Brian Williams is the new Walter Cronkite generated plenty of buzz and sent HuffPost commenters into overdrive. Jon’s take: Williams is fascinating because, even after getting “the job of a lifetime,” he’s “the rarest case of success because he’s still ambitious.” We both agreed that Brian really came into his own once he loosened up a little off the set and let audiences in on his dry sense of humor and self-deprecating wit through appearances on The Tonight Show and SNL. “A classic!” says Jon.

Earlier this year, Jon launched a weekly online broadcast of Media Matters where he talks shop with media bigwigs. Hearst’s Cathie Black is scheduled for the June 21 broadcast. We’re tuning in.

Here’s the rundown on today’s crowd:

1. The ‘Imber Gang’: Dr. Gerald Imber, Jerry Della Femina, Andy Bergman and Michael Kramer. (Jeff Greenfield was absent.) I stopped by their table to chat with the guys about the fun piece in the Times‘ Style section last week covering their legendary lunches in the dining room. “It was great,” said the good doctor, who emerged as the star of the piece with some nice plugs for his latest book, Genius on the Edge: The Bizarre Double Life of Dr. William Stewart Halsted. Give that publicist a raise!

2. Peter Brown

3. Nick Simuneck (Terry Allen Kramer‘s hubby, in case you didn’t know)

4. The New York Observer‘s Jared Kushner

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— DIANE CLEHANE

The Michael’s crowd was in full party mode today as television titans, media mavens and talking heads mingled gleefully with politicos who were celebrating Barack Obama‘s historic victory. “Finally, some good news!” exclaimed one of the regulars as he made his way into the jam-packed dining room. It seemed more than a bit poetic that on the eve of Camelot 2.0 Caroline Kennedy quietly made her way to table one, avoiding all the table-hopping and glad-handing that was going on around her. If there were any disappointed John McCain supporters in the room, they were keeping a low profile. Okay, Mary Matalin made the scene with hubby James Carville but she didn’t exactly look like she was celebrating. Everyone agreed Obama’s speech last night was stirring, but one observer offered this insight to chew on: “Sure it’s exciting, but it’s going to be pretty much impossible to live up to all this hype. The guy’s gotta be feeling some pressure.” If he is, he sure is wearing it well.

Here’s the rundown on today’s crowd:

1. The Early Show: Saturday Night Live scribe James Signorelli; Second shift: Caroline Kennedy, Jimmy Buffett and his wife Jamie

2. Producer Jon Hart, Doug Steiner and another gent we didn’t get to meet…

3. ‘Mayor’ Joe Armstrong, producer Susan Stroman (Young Frankenstein), uber-agent Ed Victor and his gorgeous wife Carol. A little birdie told me the ‘Mayor’ will be hosting one of his legendary lunches next week. We can’t wait!

4. Gerald Schoenfeld with an unidentified gent

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On the menu today: a tasty stew of media moguls and television titans with a dash of talking heads to spice things up. After making the rounds and checking in with some of our favorite regulars, we were thrilled to chat with our good pals Today’s Meredith Vieira and Al Roker. The always affable Ms. Vieira (who we’ve not seen at Michael’s before) and Mr. Roker told lunchtime chronicler Diane Clehane that plans are in the works for the show to travel to China this summer to do some segments as a walk up to next year’s blowout Olympic coverage in Beijing. “Meredith is going to be skateboarding on the Great Wall,” joked Al. Somehow, we wouldn’t put it past Today.

Here’s the rundown on the rest of the crowd:

1. The Early shift: Charlie Rose and Neal Shapiro; late shift: Cheri Kaufman of Kaufman Astoria Studios.

2. Nightline‘s Cynthia McFadden (sporting a great tan), Silda Wall Spitzer (wife of Governor Spitzer) and her director of Children for Children Margo Jones.

3. Mayor Joe Armstrong (who was happy to show us that Jimmy Buffett signed his “boot” — which doubles as a vase — on his last visit while Joe was away). Joe was dining with two lovely ladies: Dr. Sarah Simms Rosenthal and Jane Hartley. When we complimented Dr. Simms Rosenthal, an Ali McGraw lookalike, on her stunning summer ensemble, she told us she’s actually turned last year’s dress into a fabulous white embroidered skirt which she was wearing with a classic black T-shirt. Tres chic!

4. Time Inc.’s John Huey.

5. Gerald Schoenfeld, chairman of the Schubert Organization.

6. Fashion central: Cece Cord, Cameron Silver, owner of Decades, the haute Los Angeles boutique, Becca Cason Thrash and IMG’s The Daily Jim Shi. (Thanks for filling us in, Jim!)

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