Seen schmoozing in a pricey Tribeca loft: supermarket magnate Ron Burkle, whom the New York Post's gossip column Page Six has called a "party-boy billionaire," and Page Six contributor Jared Paul Stern. Also present, but unknown to Stern: an FBI agent and a video camera. They were there to record what Burkle--who had chafed at uncomplimentary and, he thought, untrue items about him in the column--believed was a $220,000 shakedown for kid-glove coverage. The FBI believed it too: the agency has launched a probe into extortion allegations.
Already this is fun. But it gets better. The story was broken by the...