Gawker
The Tragedy of Darth Plagueis
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paul steiger
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The Tragedy of Darth Plagueis
newspapers
Of all the cliques at the Wall Street Journal, the reporters and editors of the newspaper's Money & Investing team were most inclined to accommodate to the new régime put in place by Rupert Murdoch. They're more financially sophisticated than the average Journal reporter, and less precious; the head of the paper's third section is thought friendly with Murdoch aide Gary Ginsberg, and has even been mentioned as a candidate for managing editor; and Money & Investing is widely regarded as the newsiest part of the Journal, in need of less of a re-education than the self-indulgent feature writers of the main paper and the second section, Marketplace. And that's why this week's disastrous pep talk by the Australian media mogul's key lieutenant, Journal publisher Robert Thomson, is so damaging.
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Civil War At The Wall Street Journal
Of all the cliques at the Wall Street Journal, the reporters and editors of the newspaper's Money & Investing team were most inclined to accommodate to the new régime put in place by Rupert Murdoch. They're more financially sophisticated than the average Journal reporter, and less precious; the head of the paper's third section is thought friendly with Murdoch aide Gary Ginsberg, and has even been mentioned as a candidate for managing editor; and Money & Investing is widely regarded as the newsiest part of the Journal, in need of less of a re-education than the self-indulgent feature writers of the main paper and the second section, Marketplace. And that's why this week's disastrous pep talk by the Australian media mogul's key lieutenant, Journal publisher Robert Thomson, is so damaging.
More »
rumormonger
Might Murdoch Skip A Generation At Wall Street Journal?
At a farewell party last week, some Journal staffers bitched that Marcus Brauchli, the managing editor pushed out by the paper's new owners, had sold his silence for a generous severance package. "It was disgusting," one told David Carr of the New York Times. But there was some more intriguing scuttlebutt from the event. Brauchli's predecessor Paul Steiger was overheard saying that Rupert Murdoch's lieutenants were looking externally for a replacement atop the newspaper. The name Steiger mentioned: Andrew Ross Sorkin, the Times' blue-eyed mergers and acquisitions correspondent. More »
gratuitous
Wives Of The Wall Street Journal
For an old newspaperman, Paul Steiger was pretty open-minded about the web. The long-time managing editor of the Wall Street Journal regards blogs as a great innovation and revolutionary phenomenon allowing readers to hop-scotch across a wide variety of information. Steiger, who retired last year after easing the business paper into the hands of Rupert Murdoch, won't mind then that his third wife has put herself on display to visitors to her own blog. Nor that the revolutionary medium has allowed quests on Google for "wendy tits" and "amazing bosom" to land at the site. "I'm so sick of being admired for my keen mind and dazzling personality," writes Wendy, a jewelry designer who is 25 years Steiger's junior. "It's about time people started loving me for my body." (I'm sure he does.) After the jump, a screenshot. More »
Miniature megalomaniac Michael Wolff stopped by Wall Street Journal editor at large Paul Steiger's office yesterday, presumably for "research" on his Rupert Murdoch-approved Rupert Murdoch biography. Apparently he's a very snazzy dresser.
explications
Dysfunctional Bancroft Family Took One Last Bite At Dow Jones Apple
The best piece of the weekend concerning Rupert Murdoch's takeover of Dow Jones came from former Journal employee Joseph Nocera, who wrote (behind the TimesSelect wall, naturally) about how the takeover happened through the lens of a disgruntled Bancroft family member and Murdoch himself. Essentially, the Bancrofts were too divided and dysfunctional to ever stand a chance against the rapacious Rupert. "I just didn't realize that they were so disorganized," says Murdoch, who promises not to fiddle about too much with the paper ("I won't meddle any more than Arthur Sulzberger does."). Nocera buys it. But oh yes there is more! More »
conflicts
Why Is Paul Steiger Still Handling The 'WSJ' Murdoch Coverage?
Today the Observer takes the most critical stance out there, from what we can tell, regarding the decision to keep Wall Street Journal editor-at-large Paul Steiger in charge of the paper's coverage of Rupert Murdoch's attempt to buy their parent company, Dow Jones. It's not crazy criticism though: Steiger could stand to make as much as $5 million if the deal goes through. And he might get a seat on the News Corp. board! As one Journal employee put it: "He shouldn't have been directing coverage since the get go... He's got to recuse himself. There are 15 other people who could do the job."
almost over now
Dow Jones: The Bancrofts' Last Stand
explications
