Former Time Warner CEO and current Citigroup chairman Richard Parsons has a “love child,” according to the Daily News, with a model turned philanthropist named MacDella Cooper, whose foundation he supports. A “love child”! There’s something wonderfully old-fashioned and kind of romantic about that — but not so old-fashioned. For instance, at least we know that with Parsons’s fat wallet there’s no way baby Ella is going to have to start school in a worn, torn dress that somebody threw out, or know how it feels to always live in doubt, or be without the simple things … Love child! Never meant to be! Love child! Born in pover — sorry, it’s Friday. [NYDN]