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Jul 23 2008 8:52AM EDT

Idle Chatter: Moronic Mascots; Lazarus Leaving

-Entrepreneur magazine will probably fetch far less than the $200 million it sold for last time around, if it even sells. [NYP]

-Get the inside story on why China's Olympic mascots suck so hard. [WSJ]

-Ogilvy & Mather CEO Shelly Lazarus, the most powerful woman in advertising, is stepping down at the end of the year. [FT]

-The Los Angeles Times is killing off its book review section. [PW]

-Saturday Night Live creator Lorne Michaels has a stalker. [NYP]


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