Nick Davies writes in The Guardian that, after a second day of questioning under oath, “Rupert Murdoch is in trouble… He is vulnerable.” The man who has made millions out of paying people to ask difficult questions, finally faced questioners he could not cope with. This is not just a matter of Murdoch losing various
Obama promises climate talk
Three cheers to Rolling Stone cofounder Jann S. Wenner for getting President Barack Obama to utter the words “climate change” for the first time in a long time. In a wide-ranging interview published Wednesday, Obama used the term six times in responses to three different questions, surprising many pundits and environmentalists who’d come to believe
Murdoch takes a bow
Rupert Murdoch finished his two-day testimony before the Leveson Inquiry on Thursday, convened to address the phone-hacking scandal that emanated from and ultimately closed down his News of the World tabloid. Murdoch talked at length there about his own personal anguish at the scandal, his regret he personally did nothing to stop it, and his
Bloomberg on Cherry-Picking Executive "Peers" to Inflate Pay
Bloomberg News has a good piece on how companies inflate CEO pay by comparing them to “peers” that are out of their league. It focuses on CBS Corporation and its CEO Les Moonves, who got paid 70 million bucks last year, or more than 5 percent of the company’s profits. Sumner Redstone split CBS off
Nikki Haley Strikes a Pose
The intersecting sliver of the “Tea Party”-“Vogue” Venn diagram would seem to be a razor-thin one, but the latest politician to receive characteristic puff-piece treatment from the fashion magazine is Tea Party darling (circa 2010)-turned-South Carolina governor Nikki Haley, who is described in those glossy pages as “fit and attractive, with a face free of
