Danielle Perissi, chief flack for the Fortune Group., is out. She had a difficult job: hounded by reporters eager for stories of more bloodletting at the magazine group, which includes Fortune and the now-defunct Business 2.0. But Perissi could at least have lied more skillfully. Know a more duplicitous publicist? Send in the tips.

Folio reports that Time Inc., the parent company of Business 2.0, will be making a decision on the fate of the magazine next week, according to a source. The article, however, then quotes a Time Inc. spokesperson saying that the company "absolutely will not" be making a decision next week. The spokesperson in question is, of course, fibbing flack Danielle Perissi, so take her statement with a very large grain of salt. Heck, store it away in a Morton's warehouse.

An aside: While working on this morning's item about the back-from-the-brink reprieve of Business 2.0, I phoned Time Inc. flack Danielle Perissi, whose ostensible job is to represent the publisher's business titles. As usual, she issued a denial that any changes were afoot. Well, no, that's too kind: I should say, rather that she lied baldfacedly and, what's far worse, unconvincingly about the matter. I don't know why I bothered to call her. Or why colleagues at Time Inc., a company full of journalists with no patience for inept flacks, tolerate her. Oh, right — they don't.