(FORTUNE Magazine) – B Gap's ex-chief Mickey Drexler made khaki king, then watched as Gap lost two-thirds of its value. Now he's been hired to revamp retailer J. Crew. The deal also calls for him to throw in $10 million of his own cash. It's called incentive performance.

D- The Queen of Mean is being accused (again!) of discrimination. A former hotel employee is suing Leona Helmsley for $40 million, saying she fired him because he's gay. (She denies it.) It may be a first: a Helmsley staffer who wants to keep his job.