No man is above the law — not even multibillionaire Google CEO Eric Schmidt. At least that's what we hear from a well-placed tipster, who says Schmidt recently confessed to having been pulled over by the cops last month in Los Angeles for talking on his cell phone while driving. (California law recently changed to require the use of a headset.) Oh, but it gets worse for Schmidt.We haven't gotten anyone from Google or Yahoo to confirm this bit, but we're told cops interrupted a call Schmidt was making to Yahoo CEO Jerry Yang to discuss how to get a proposed advertising deal past government regulators. The deal was blocked. Schmidt, who endorsed Barack Obama late in the election cycle and got tapped to his board of economic advisors, could use his newfound political clout to get the pesky law overturned. The cell-phone rule, or the antitrust one — we're not sure which one is more bothersome to him. (Photoillustration by Richard Blakeley)