Today’s book news:

• Editor of Virginia Quarterly Review accused of pushing former managing editor to suicide
• University of Virginia orders “thorough review” of VQR management
• Seth Godin says goodbye forever to traditional publishing
• Forbes reveals the 10 highest paid authors
• Ayn Rand fan (and potential psychopath) creates world’s largest book ad
• New York magazine’s most anticipated books of the fall
• The Millions on the perils of literary social networking