Fresh off his Oscar nominations, Alejandro González Iñárritu, who directed and produced Golden Globe winner Babel and helmed 21 Grams, jumped from Endeavor to CAA last night. The war between those two agencies is really, truly on. Also, James McTeigue, director of V for Vendetta, left ICM for CAA this week. That said, I hear CAA’s field marshall Richard Lovett is bitching to Hollywood that his uberagency has too many out of work clients and he’s begging buyers for any jobs. That’s what happens when 1) your goal is “100% market share” and 2) your overspending has led to pinching pennies. Let’s all feel his pain.