Phil Falcone, the Harbinger hedge fund billionaire with the crazy wife and a stake in the New York Times, is under federal investigation for taking money out of his hedge fund to pay a personal tax bill. Ninety-nine problems, minimum.

In your fall-like Friday media column: Harbinger is getting the hell away from the NYT, Tom Shales is leaving the Washingt Post, News Corp's "digital newsstand" didn't work out, and Peter Chernin might get a great new job.

Lisa Falcone is the bubbly, money-flinging wife of billionaire hedge funder Philip Falcone—who owns 20% of the New York Times. Lisa enjoys the simple things, like her $50 million mansion's basement apartment. She's a role model for young billionheiresses!