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According to L.A. Weekly’s Nikke Fink, both the Los Angeles Times and The New York Times are working on major stories about whether Vanity Fair editor Graydon Carter is using his close ties to Hollywood to benefit financially. A source close to the action told Defamer that the investigations are likely to turn up some serious dirt, and it’s “last days of the Roman Empire” time for Graydon Carter’s ‘freewheeling’ Vanity Fair.