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has not, and it is not. But security is warranted in that country. With Gen. AOL News has it: away? As a an average white person, it's Google Docs now offers a gallery of
unquestionably and remarkably better. Petraeus the new head of U.S. Central The Rev. Jesse Jackson used the N-word obviously not my call, but those in the spreadsheet, presentation, and document
Indeed, if these trends continue I expect to Command, which has jurisdiction over the during a break in a TV interview where he media and in the black community keep templates for use in your work. Whether
be able early this fall to recommend to the Afghan war, any change in strategy there criticized presidential candidate Barack giving him a platform. Yes, I'm looking at you're designing a resume, invoice,
secretary and the president further troop will likely closely resemble the troop surge Obama, Fox News confirmed Wednesday. you, Fox News. The illegitimate child calendar, or slideshow, there are a few
reductions." Now that the surge has ended, in Iraq. The longtime civil rights leader already should have been the death knell, if not the templates here to get you started. Template
Iraq Commander Gen. David Petraeus will Permalink| Email this| Linking Blogs| came under fire this month for crude off- hymietown incident. But somehow Jesse categories include Business, Calculators,
evaluate the ability of Iraqis to hold the Comments air comments he made against Obama in keeps coming back. Calendars & Schedules, Cards &
security gains for the next 45 days. That what he thought was a private conversation If the very least that comes out of the Certificates, Letters, Presentation Designs,
during a taping of a "Fox & Friends" news Obama rise is an upgrade in the leadership and more. You can also sort them by how
show. of the Black community, it will have been many users each has and user ratings. To
In additional comments from that same worth it. But first, everyone has to agree use a template in your Google Doc, from
conversation, first reported by TVNewser, that Jesse is over. the New menu drop-down, choose "From
Jackson is reported to have said Obama Permalink| Email this| Linking Blogs| template..."
was "talking down to black people," and Comments Google Docs Templates[via steverubel]
referred to blacks with the N-word when
he said Obama was telling them "how to
Let's Not Make a Deal that has gone wrong on the planet—on
Greenspan’s alleged easy-money policies.
Both books are breezy and informal and
the issue of wage inequality.
But all told, Trillion Dollar Meltdown is
a good first take on the mortgage debacle,
judgments (“As was often the case with the
chairman, he didn’t have a good grasp of
what was taking place”), we start to think
(Portfolio.com: News and Markets) estate. suffer from a certain hyperbolic zeal. and it sets forth some astute policy of Greenspan as a bumbler, someone who
Submitted at 7/16/2008 3:00:00 AM
Reality TV Though Morris assures us that his book is prescriptions. To give one example, Morris was almost stupid. And then we realize
Think American Idol with soul music. In not a quickie, it has that feel because he says loan originators should be made to how one-sided this account is. Contrary to
Biopic -January, investors proposed projects pads it with too much background share in any eventual losses suffered by the author’s contention, the majority of
After Brown’s death in 2006, Imagine worth six figures or more, including a (everything from the 1970s oil embargo to retail lenders and others down the line. Greenspan’s decisions were not “absurd”
Entertainment (which produced A reality-TV show, Who Will Be the Next killings at rock concerts) before presenting After a quarter-century of deregulation, he or obviously wrong. Central bankers make
Beautiful Mind) hoped to make a biopic Godfather of Soul? But the trustees of the some very trenchant chapters on the sensibly concludes, “it’s time for the difficult decisions under great pressure.
directed by Spike Lee. Drafts of the script estate never responded to the pitch. mortgage collapse. As for Greenspan’s pendulum to swing in the other direction.” Rarely is it clear to anyone which way
were circulated, but the project is on hold Golf Course Bubbles, the tone of the whole book is Fleckenstein’s thesis—that Greenspan rates should go, nor is the issue of pricking
until the family settles its conflicts. Terry Cox, an Atlanta businessman, conveyed by the title of the first chapter, “wasn’t the only reason there was a bubbles a simple or settled question among
Museum offered to buy the singer’s property— “How Wrong Can One Man Be?” bubble, but without his sponsorship it the world’s currency controllers.
Graceland, James Brown style? The intellectual and physical—for up to $100 Morris does not ignore Greenspan; he could never have grown anywhere near as Worse, Fleckenstein ignores the little
singer’s children had considered turning million. His plans with Brown’s grandson sees him as merely one of many large or as dangerous as it did”—is fair. matter of the 18 years of, for the most part,
his 62-acre estate in Beech Island, South Forlando included ideas for a satellite- contributors to a long and gradual erosion Otherwise, his book is almost a smear. prosperity under Greenspan’s watch. It is
-Carolina, into a museum. So far, the radio show, a restaurant, and a golf course. of credit standards. The root cause, Morris This is not to say that the author lacks fine to argue that given the possibility of
property, assessed at less than $1 million, Related Links argues, is the ideology advanced by chops. He repeatedly depicts a “maestro” our current economic woes, the Fed chief
sits unoccupied and has leaking pipes. Summertime Slump Chicago-school economists who favor whose judgment was, sadly, off. should have halted, or at least restrained,
Slot Machines Breaking News: Hillary Hearts curtailing regulation and allowing the free Fleckenstein and co-author Frederick the good times sooner. It is another thing
This summer, casinogoers can play the 'American Idol' market to work. Their ideas were probably Sheehan shrewdly begin by recalling that to pretend that they didn’t exist.
Godfather of Soul video slot machine. The Jordin Sparks of 'American Idol' Fame to a useful corrective when they began to during his pre-Fed career as a private Related Links
deal with Global Gaming Group could Sing Anthem at Super Bowl influence federal policy in the 1980s. consultant, Greenspan nonchalantly told Don't Blame Canada
bring in about $500,000 a year for the Morris notes that at the time, the economy federal regulators that they needn’t fret The Man Who Saved (or Got Suckered
was indeed suffering from too many over the freewheeling savings-and-loan by) Wall Street
controls. But as so often happens, the cure industry—which was, of course, headed Greenspan: No Regrets
mutated into a new disease. Free to work for catastrophe. This sets us up for a
8 Biz Buzz Daily -Click and Print- Newspaper
Mass Media
(Portfolio.com: News and Markets) your life to be mocked by S.N.L. was there for 13 hours. We shot the scene I’ve ever seen. And how would your movie end?
Submitted at 7/16/2008 3:00:00 AM
TUCKER CARLSON (MSNBC) at about 4 in the morning. At one point, What’s been the most dramatic moment Obama is in a hotel room with Michelle
What has been the most dramatic they said “Okay, roll.” I started to do Jack of this election for you? (let’s go with Halle Berry). They are
I t’s one thing for a star to like a script. moment of the campaign for you? Nicholson in A Few Good Men because I Barack Obama announcing his candidacy getting ready to go down and meet their
It’s another for him to sink $21.3 million The week after Hillary Clinton lost the thought, If I’m gonna act, I wanna do for president in Springfield, Illinois. He jubilant supporters. The phone rings. It’s
of his own money into the production to South Carolina primary, when all the something that’s meaty. And then someone was standing in a spot between Lincoln’s McCain calling with congratulations. He’s
get the film made. Yet that’s exactly what columnists who’ve been defending the said, “This stuff costs about 10,000 a office as a state legislator and where he very gracious, though he does throw in a
Kevin Costner did with Swing Vote, the Clintons for 16 years turned as a group to second, so just do the scene. You’re not practiced law in his second-floor office on “Hamas put you over the top” zinger.
new Disney comedy about an affable loser attack them. That actually shocked me. that funny.” However, I think I was that the corner. It was so cold you cannot Somewhere in upstate New York, Hillary
(Costner) who casts the tiebreaking vote in If you were to make a movie about this funny. imagine, but 70,000 people showed up that Clinton is downing a shot of whiskey,
a presidential election. To give the movie a year’s race, whom would you cast as What do you think the plot of Swing morning to cheer him. throwing darts at a photo of Mark Penn,
touch of vérité, Costner recruited some of Obama, Clinton, and McCain? Vote, which has the presidential election If the election did come down to one and muttering about what might have been.
the country’s best-known media Emma Thompson as Hillary, Tim coming down to one man’s vote, says to vote, whom would you trust to break the In the other room, Bill Clinton is on the
personalities, including Larry King and Robbins as Barack Obama, Harvey Keitel voters today? tie? phone trying to score tickets to Obama’s
Arianna Huffington, to play themselves. as John McCain. Average people have been screwed by Whoever wrote Swing Vote. inaugural ball—and thinking he’ll
“These people love their business,” And how would your movie end? American politics. Somehow, people who ARIANNA HUFFINGTON (Huffington probably go stag.
Costner says. “I think they like to see it The most shocking ending would be that go to work every day and pay their taxes Post) LAWRENCE O’DONNELL ( The West
boiled down to terms that aren’t going to Hillary Clinton wins. I would have Hillary have been completely ignored by the What was it like being on set? Wing)
go over anybody’s head.” Turning the winning-—the final scene being the two politics and media. I thought the movie’s We filmed my scene all night. In fact, What did you think of the film’s
Tables We debrief the media personalities Clintons meeting in a board room, each message of the significance of a single they’d gotten me a hotel room, but I never concept?
featured in Swing Vote. with their attorneys, signing a document vote was a good and reasonable and even saw it. We kept shooting, and I I thought it was a wonderful explanation
Photographs by Robert Trachtenberg and saying something like, “A deal’s a accurate one. I thought someone should be eventually just went straight from the set to of the tension that exists in elections now
CAMPBELL BROWN (CNN) deal. We both fulfilled our ends of the saying that. the airport the next morning. In between that they’ve become so close. It’s not
What did you say when you were invited bargain.” How do you think the media has shots, we would go to Kevin’s trailer and something that would even be conceivable
to be in the film? Who has the best political mind in performed in this campaign? sit outside under the stars while he played in the ’90s.
I had just been hired by CNN to take Hollywood? Newspapers and traditional broadcast guitar. There were laptops all over the set, If you were to make a movie about this
over the 8 o’clock hour. I was pregnant at Warren Beatty—you should call him. networks have done a pretty decent job in a and I kept pulling up the homepage of the year’s race, whom would you cast as
the time, and newly pregnant when they He’ll take your call and talk to you about fascinating campaign. As far as cable goes, Huffington Post on each of them. Obama, Clinton, and McCain?
called me. So I said, “Okay, guys, let’s do it. I am impressed by his intensity and his people who hate the president watch Keith How is the role of the media in this Well, I sort of did this already when I
it soon, because right now you can’t tell enthusiasm, and he’s just a champion Olbermann and people who love the election different from previous years? was writing for the West Wing, and I cast
I’m pregnant, but soon you will.” And they talker in general. He’s on the varsity president watch Bill O’Reilly, and at the The internet-driven, 24-7 news cycle, Alan Alda as the John McCain candidate
said, “Oh, yeah, we’re gonna do it really squad. end of the day neither has learned very combined with the whatever-you-say-or-do and Jimmy Smits as the Barack Obama-
soon.” But you know how movies are. It Who’s the best actor in Washington? much. -will-end-up-on-YouTube nature of this type candidate. But I think I’d make an
was delayed and delayed and when we There are very few actors in Washington If the election did come down to one year’s campaign, has helped make for an adjustment on Jimmy and cast Don
finally shot my little scene, I was eight and because people over time come to believe vote, whom would you trust to break the especially dynamic race. It seemed like Cheadle. And for Hillary, I’d have to go
a half months. their own lines. tie? every other day brought a new mini with the best and cast Meryl Streep.
What did you think of the film’s How has the media’s role in this election Me. I’d trust myself with the tiebreaker controversy. And, for all of us at HuffPost, And how would your movie end?
concept? been different from in others? vote—more than I’d trust Keith or Bill. this was very good news. Obama is gonna win. I would see it
I’m such a junkie, I love political I think they spent a lot less time trying to CHRIS MATTHEWS (MSNBC) Who’s the best actor in Washington? playing out with him winning clearly
movies, and this idea seemed a little hide their allegiances and their love. The Where was your scene in the film shot? George Bush, for his ability to convince enough that they knew by middle of the
preposterous but something that the writers press loves Obama, but it’s deeper than We did it in my studio, right on the voters that he is a brush-clearing Texas afternoon. I would cover all of the agony
were clearly going to be able to have a that—you have to have been a ninth-grade Hardball set. That’s why I look so good. rancher and not an Ivy League preppy. that’s going on in the McCain campaign,
good time with. I say “preposterous” boy to understand the love they have for What do you think about the concept of And John McCain, for acting like he’s still because that’s actually where more of the
because we always say, “That would never Obama; they’re inflamed. the movie, in which an election comes the political maverick he was in 2000. But drama is: on the losing side.
happen,” and then…look at what happened AARON BROWN (PBS) down to one vote? that’s a performance I predict won’t be If the election did come down to one
in 2000, and at what’s happening in this What’s your role in the movie? It’s amazingly good satire. You have sustainable. vote, whom would you trust to break the
campaign. I played myself, which has always been both candidates forcing all their public Who’s got the best political mind in tie?
What has been the most dramatic my worst nightmare, that my career would relations and advertising and personal Hollywood? My mother. LARRY KING (CNN)
moment of the campaign for you? end with me playing me. I remember charm on one voter. You see how Norman Lear. Movies are practically your second
For me, personally, it was moderating Mario Machado, Los Angeles local anchor, outrageous it gets. If you were to make a movie about this career, right?
the debate between Hillary and Obama in who was in every movie that needed an There’s a slew of big names in the cast. year’s race, whom would you cast as This is my 23rd film.
Austin, Texas. anchor, and I thought, Oh, man, I never Whose performances were best? Obama, Clinton, and McCain? What’s your favorite political film?
You’re not the first to play Campbell wanna be that. Nathan Lane is a riot, and Stanley Tucci Will Smith is Obama; he’s got the Advise & Consent—Henry Fonda is the
Brown. Kristen Wiig of Saturday Night What’s the biggest difference between a is great as the Karl Rove character. I’ll be charisma—and the ears. Edie Falco is secretary of state and there’s a strong
Live impersonated you last season. movie set and a television news set? shocked if Madeline Carroll [who plays Hillary. Dennis Hopper is McCain. Or opposition to him because he’s too liberal.
It was incredibly flattering. She is Those [movie] people work so slow. It’s Kevin Costner’s daughter] doesn’t win an Russell Crowe or Kevin Spacey. They all
hilarious. It has to be a huge milestone in unbelievable how long everything takes. I Academy Award. She’s the best child actor fly off the handle very well.
MASS page 12
Daily -Click and Print- Newspaper Biz Buzz 9
Crude Reporting
(Portfolio.com: News and Markets) the vast, unused acreage in existing oil context-free reporting about what the Tillerson’s story, you’d have to believe Cambridge Energy Research Associates, a
Submitted at 7/16/2008 3:00:00 AM
leases?” Barlett says. He notes that Canada executives say, in Congress and on that profit is an accident, when it is, respected, oil-friendly consulting firm,
has become the United States’ No. 1 oil television, is marked by breathtaking irrefutably, the result of a company indicate that even if all environmental
T he cover of a recent BusinessWeek supplier by funding joint government- gullibility. strategy tailored to this unique moment of regulations were removed from refinery
about the runup in oil and gasoline prices -industry exploration of the tar-sand fields Speaking of television, no one of any age opportunity. construction, few would probably be built
framed the question of what’s causing it of Alberta. “The most chilling statistic is can doubt that the industry’s star performer Oil executives generally believe in an right away because of a 75 percent rise in
nicely: “Speculation or Manipulation?” Exxon Mobil’s. It spent twice as much last in the public relations battle over gasoline updated version of the peak-oil theory, construction costs since 2000, largely
But the story was maddeningly year to buy back stock as it did on prices is Rex Tillerson, chairman and introduced in 1956 by geologist M. King driven by the increased fuel cost of
evenhanded. By dodging its own question, exploration.” C.E.O. of Exxon Mobil. His appearances Hubbert. It posits that because of oil-field transporting building materials.
the magazine raised another. As for shallow journalism that helps Big on the Today show have become five- depletion and the expense of production, I don’t mean to imply that when it comes
When it comes to the cost of gasoline, Oil, Steele makes the point that the minute promos for price escalation, with American-oil-industry output will reach a to cutting through industry and
who should we believe? Here are some newsrooms that were once staffed by the Matt Lauer cast as the surrogate for a maximum level and then start to decline. congressional malarkey, Barlett and Steele
nominees and their viewpoints: redistributionist children of the New Deal nation of consumers who don’t fully An updated version of Hubbert’s bell are the only game in town. The Chicago
1. The oil companies: It’s supply and and the A.F.L.-C.I.O. are now populated understand their role—helpless and curve—which factors in the number of Tribune, the Wall Street Journal, Texas
demand at its most basic, just like your with the children of Reaganomics: sacrificial—while the company maximizes wells being drilled and refinery Monthly, and other publications have all
professor outlined in your freshman “Younger reporters come out of a mind-set shareholder value, “our reason for being.” capacity—sets the year that the peak will done credible oil series during the past few
economics course. that the market rules, taxes are evil, and This is a “demand-driven price runup, no be reached at 2020. If you’re getting a years. The problem is that headlines on
2. The petro-toadies in Congress: All we government ought to let these people in the question about it,” Tillerson drawls, prime price for a product that will be today’s pump prices trump the revelations
have to do is open up the Arctic National oil industry go about their business.” fingers intertwined and as fidget-free as harder to acquire in a few years and less of yesterday’s in-depth reporting. The
Wildlife Refuge and the waters off Florida As journalism has passed from a hungry Chance the Gardener. Lauer gamely zeroes valuable due to competition from other digital-news era is good at letting us know
and California. to an elite profession, there’s no shock in on Exxon Mobil’s dirty secret—that it fuels, the smart play, obviously, is to divert what happens now. But it’s lousy at
3. The Department of Energy: OPEC has value in the fact that Exxon Mobil paid spends only 5.3 percent of revenue on every penny into profit while the Black reminding us of what’s happening again.
to pump more, and we’ve got to allow only $5 billion in U.S. income taxes last exploration at a time of record revenue. “If Gold Casino is still open. To confuse the Take the richly symbolic case of ANWR.
more refineries by rolling back year while it paid $25 billion to foreign you’re making $400 billion a year, should press and public, you set up several straw Oil executives know that they haven’t
environmental restrictions. governments. Even with Exxon Mobil consumers expect you to pay or spend men to take the blame for the supply explored 80 percent of their existing leases
4. King Abdullah: OPEC pumps plenty making $76,000 a minute, the last thing even more on exploration?” Lauer asks. shortage that you’ve seen coming for a half in the continental U.S., according to
of crude but “despicable” oil-futures that occurs to many assignment editors and The unflappable Tillerson describes this -century: refinery capacity, environmental Barlett. But they also know that if they can
speculators in the West are driving up the reporters is to investigate whether a modest expenditure as “very, very robust.” legislation, and the imaginary supply crack the wildlife refuge, Congress will
prices due to their “selfishness.” windfall-profits tax would drive Exxon He adds, with apparent conviction, “We potential in undrilled portions of the lack the political will to keep them away
5. Senator John McCain: Exxon Mobil Mobil, BP, and other oil companies to would do more if we could gain access to continental shelf and ANWR. from the other government land and the
has done such a good job of demonstrating invest in the alternative-energy strategies more areas.” In other words, give us But let’s look at the Cheneyesque fantasy ocean floor they covet. In that sense,
the magic of the marketplace that it they boast about in their television ANWR, then we can talk price at the that drilling in ANWR is a major national- ANWR fits a historical leitmotif. For more
deserves another $1.2 billion in tax breaks. commercials. pump. In fact, no unbiased expert claims security priority that would make us less than a century, oil companies have been
6. Senator Barack Obama: Impose a Then there’s the problem of letting that exploiting the fields in the Alaskan dependent on foreign oil. The fact is, the gaming the federal oil-leasing system to
windfall-profits tax to remind American oil general-assignment reporters, rather than wilderness would cause more than a bump Trans-Alaska pipeline that is supposed to receive bargain prices on the raw materials
executives that price gouging can backfire energy specialists, cover gasoline prices in world supply or prices in the U.S. By bring us that new ANWR oil probably under public ownership.
politically. mainly as a story of consumer suffering. the way, Tillerson observes, the industry couldn’t handle it right now because lack Oil companies have always depended on
7. About 90 percent of the print and TV About 40 percent of U.S. oil is produced needs more refineries too. of maintenance has left it in bad shape. the transfer of unpumped oil from public to
reporters in America: See No. 1. It really is domestically, and Washington has declined Lauer, charmingly outpointed at every (Business Journalism 101: You can private ownership. In the Teapot Dome
that ol’ devil supply and demand. to regulate auto fuel as an essential turn, finally blurts, “Mr. Tillerson, you’re reinvest revenue in infrastructure or pull scandal of the early 1920s, oilmen bribed
8. The White House: Never mind. commodity. That’s where the vertical always nice with your time.” the money out as profit.) Plus, there’s not officials at the Interior Department to gain
Nobody’s home. integration of a giant like Exxon Mobil “My pleasure, Matt,” the oil king enough Alaskan oil to affect price. It ownership of an oil field owned by the
For my money, a sounder answer as to creates market leverage. It owns oil fields, rumbles, not a hair out of place on his salt- would be gone in a few months if we could U.S. Navy. With ANWR and the offshore
whom to believe is Don Barlett and Jim processing plants, and retail outlets, and-pepper corporate coif. pump it at maximum capacity. From a leases, everything will look aboveboard if
Steele, the investigative reporting team that creating some monopoly-like advantages And it was, no doubt, a pleasure for him national-security standpoint, the smart Congress and consumers can be whipped
has won two Pulitzers and two National in controlling supply and fixing prices in to slip out of Rockefeller Center, built with thing would be to leave it in the ground for into a demand-driven frenzy. Oil
Magazine Awards for exposing the U.S. market. Then there is the Standard Oil dollars accrued in an earlier use in case of some future civilization- companies will blame the Arabs and
government theft and corporate greed. remarkable job that the oil companies have era of rapacious pricing, without threatening cataclysm. environmentalists for a supply shortage
Their 2003 series for Time magazine on oil done in persuading network-TV anchors addressing the oil-company claims that are Oil-friendly members of Congress like to they’ve maintained as a matter of policy
economics remains required reading for and correspondents to depict them as they most easily disproved by that old- blame environmental regulation for the since the days when the Texas Railroad
anyone who wants a better understanding want to be seen: powerless victims of a fashioned journalistic method called lack of refinery capacity. But the oil Commission set quotas on how much oil
of how gas at $4 to $5 a gallon represents a supply-and-demand cycle that is as reporting. The plain truth is that the record companies themselves choked supply by could be pumped out of the ground.
carefully arranged screwing of consumers. immutable as gravity and as random as profits cited by Lauer—$10.9 billion in the closing more than half of their 300 U.S. Decade after decade, the oil companies
“The bottom line for the oil people is, How lightning. Congress, responding to first quarter of this year for Exxon refineries in the past 25 years. (Business claim that they would pump more if only
much can I make while spending the least I demands for tougher laws on oil Mobil—reflect an industrywide decision to Journalism 201: You can reinvest in they were allowed to. Barlett calls it
can get by with on refineries, synthetic speculation, would prefer to blame flow revenue directly to the bottom line manufacturing capacity or ride the demand
fuels, and for exploration and drilling on environmental regulations. Much of the rather than to capital expenditure. To buy curve to higher profits.) Studies by
CRUDE page 11
10 Biz Buzz Daily -Click and Print- Newspaper
And the Winner Is&Bloomberg automatically detect the artist name and
generate a music store (for example, a song
by Mika would generate
This may work well enough ( or not) for
YouTube, but there’s a major difference:
Apricado will actually be selling the
(Portfolio.com: News and Markets) to report its fourth consecutive quarterly media properties. www.apricado.com/Mika). Each song sold goods, which will likely make the legal
Submitted at 7/16/2008 2:00:00 PM
loss on Thursday. Analysts expect it to Just last week, Bloomberg announced a will be distributed without DRM, and the repercussions involved even more severe.
record as much as $6 billion dollars in number of changes to its structure, site will only take a 20% cut of the Apricado has a good idea - such simple
Let the speculation about Bloomberg write-downs of its most toxic assets, on top including the separation of its television revenues (industry standards are usually audio storefronts could conceivably make
begin. of the $30 billion it has already marked and radio businesses from its print news 30% or more). Visitors who navigate to it the YouTube of music stores, appealing
Merrill Lynch will raise $4.5 billion to down. business. It also formed a new unit, this site will be presented with a list of to both professional musicians and novices
$5 billion by selling its 20 percent stake in And the sale price is slightly less than the Bloomberg Ventures. available songs. After entering their credit alike. But unless it can find a way to
Bloomberg L.P. back to the New York $5 billion to $6 billion that Thain These are changes that were ushered in card information on the same page, the effectively monitor what gets uploaded, it
City mayor who founded it, according to estimated it was worth during a conference since the company hired Norman selected songs as downloaded as a single won’t stand a chance.
severa l reports. The bank also held talks call last month. Because Michael Pearlstine from Carlyle Group in May. .zip file. Artists can also get embed codes Crunch Network: CrunchGear drool over
about selling all or part of its 49 percent Bloomberg had veto rights over who As the firm regroups and brings its for their stores, so they can offer a mini- the sexiest new gadgets and hardware.
stake in the money manager BlackRock, would buy the stake, the sale was likely ownership under one roof, plenty of media marketplace on their blogs or MySpace (a
but those talks have now been shelved. without any competitive bids. watchers wonder what the future holds for Facebook app is on the way).
Merrill is expected to announce the sale With this deal, the chatter around the Bloomberg. Unfortunately, Apricado’s simplicity
when it reports earnings on Thursday media company's fate will undoubtedly Will Mayor Mike return to his roots after
afternoon. reach new peaks. It will also raise his term ends and expand the media giant
As Merrill Lynch's balance sheet has speculation about Mayor Bloomberg's next that made him a billionaire?
further deteriorated in recent months, it move. No doubt he's noticed how cheap the
became clear to its chief executive John The deal values Bloomberg at as much as New York Times Company looks these
Thain that the firm would need to sell one $25 billion, a figure that puts to rest a days.
of its prized assets in order to improve its longstanding mystery over the financial Related Links
liquidity position. The circumstances media firm's valuation. The company's Mayor Bloomberg, Top Techie?
Thain agreed to in its earlier capital raises success was on selling subscriptions to its Bloomberg Buying Bloomberg?
from outside investors prevent it from data services over proprietary terminals, Why Bloomberg Won't Buy the New
issuing more common stock to raise cash. which are fixtures on most Wall Street York Times
This sale may not mean that Thain is out trading desks. It also has a global wire
of the woods yet. The company is expected service as well as television and other
Daily -Click and Print- Newspaper Tech* Tech Tips* 13
Bronx DA Backs Down After Sending Secret Subpoena as used in commenting on it for news
purposes. And, if anything, the copyright
on the overall clip of the newscast
belonged not to MLS, but to the news
To Unearth Anonymous Bloggers & Commenters company. Overall, it seems quite likely
that this attempt to censor the clip from
YouTube was illegal, as MLS is probably
By Michael Masnick (Techdirt) the DA's office not just demanding the IP Citizen also has posted links to a bunch of actual issue was, and never received any
address of the anonymous blogger and documents from the case. answers. The whole thing is a bit scary, as asserting copyright over content for which
Submitted at 7/16/2008 12:59:00 AM
various anonymous commenters, but also What's still not clear is what was the it does show how a DA could abuse power it does not hold the copyright. But, these
Paul Alan Levy the lawyer from Public warned them that even disclosing the purpose of the original subpoena. From the to get info on anonymous critics simply by days, that's just all in a day's work of
Citizen who defended the bloggers in this subpoena could get the folks behind Room facts presented, it's easier to jump to the claiming it was a criminal investigation, misusing the DMCA.
case was kind enough to write in alerting 8 in serious trouble. Luckily, Room 8 conclusion that it was purely political. without disclosing any details, and without Permalink| Comments| Email This Story
us to another job well done by Public chose to fight this request, signing up the Someone in the DA's office didn't like letting the bloggers subpoenaed speak
Citizen. In this case, a NYC political blog help of Levy, who convinced the DA's being criticized, and used the power of the about it. Hopefully if other sites are getting
site called Room 8 had some posts by an office to drop the subpoena and after office to try to squelch that voice (and, in bullied in this manner, they'll learn to fight
anonymous blogger criticizing some Room 8 had to threaten the DA's office fact, well before this came out, the back as well.
actions in the Bronx DA's office and the with a lawsuit of its own, it dropped the anonymous blogger in question erased all Permalink| Comments| Email This Story
Bronx Republican Party. Not long after the demand that the supboena be kept secret. his posts and disappeared). The folks who
posts, Room 8 received a subpoena from Room 8 has a full account as well. Public run Room 8 tried to determine what the
Daily -Click and Print- Newspaper Tech* 15
New Zealand Hacker Released As Police, Judge, Art Lebedev opening Optimus Store in
Prosecutors All Praise His Mad Hacking Skillz New York next month
By Michael Masnick (Techdirt) praise being heaped upon 18-year-old hacking cases, talking about how By Darren Murph (Engadget)
Submitted at 7/16/2008 8:34:03 AM
Owen Thor Walker. Prosecutors raved dangerous some kid and some code can be, Submitted at 7/16/2008 10:53:00 AM
about how the info-grabbing program he this almost seems like the opposite. Not Filed under: Misc. Gadgets We highly
Well, here's an odd one. A kid in New wrote was "one of the most advanced they that the kid should necessarily have been
Zealand who was arrested for creating had seen" and the judge said that convicted, but all this praise just seems like doubt Art Lebedev chose the opening day
software used by an online organized convicting him would "jeopardise a we've entered backwards-for-a-day world. of the 2008 Beijing Olympics on purpose
crime group to access people's usernames, potentially bright career." Meanwhile, the Permalink| Comments| Email This Story here, but nevertheless, the design studio
passwords and credit card details has been police noted they "were interested in using made famous by its Optimus Maximus
released and the charges against him keyboard will be opening up shop in the location will devote almost all of its shelf
his skills to fight cyber-crime." While we Big Apple on August 8th, 2008. At first,
dropped. What's odd about it is all the usually see police and judges overreact to space to Optimus Maximus keyboards, but
the store will actually be held within RCS a few other electronics gizmos should be
Computer Experience at 575 Madison Ave. available as well. So, who's camping out
and E. 56th Street (on the second floor, just for the opening? Read| Permalink| Email
opposite the escalator), but if sales start this| Comments
pouring in, we reckon it could land its own
place in due time. It is noted that this
18 Gadgets* Daily -Click and Print- Newspaper
America's Got
Talent: Episode 305
By Isabelle Carreau (TV Squad)
Submitted at 7/16/2008 12:32:00 PM
TotSpot Adds New Features, Still Making Your Kids True Early
Adopters
By Kristen Nicole (Mashable!) the feedback of avid early adopters like aggregation and redistribution of content. DataPortability [invites]
Submitted at 7/16/2008 4:43:39 PM
Mark, and a reported 8,500 other users, Other new features include custom Windows Live Messenger Malware
TotSpot has launched its public beta in the TotSpot themes (it’s like branding for your Forces Upgrade for Users
As one of the few parents on the past few weeks, and is rolling out several babies!), and the ability to organize your How To Lose Your Users and Kill Your
Mashable team, Mark had a more unique new features today. photos across albums. I imagine this last Web 2.0 Company: Zoto
perspective on photo-sharing network Public pages top the new feature list, new feature is the most important for 37Signals Releases Backpack Update
TotSpot than myself. It’s great to see a which makes showing off your kids’ TotSpot users, as it allows for a better Upgrade Time: 16 Services So Cheap it’s
family-oriented site geared towards the photos and videos that much easier. experience overall, given that TotSpot is a a Shame Not to Pay
early adopter crowd nonetheless, given the Privacy settings are still in place, so you from users, most of which have heard media-sharing site in the end. iTunes’ DRM-free Music Now Available
ease with which content can be aggregated can make a page private or password about TotSpot through the company’s --- Me.dium Adds Support For Songbird
from across the web and distributed protect it (to keep things in the family). Twitter stream, proving yet again Related Articles at Mashable! - The Media Player, Firefox 3
through one’s channel on TotSpot. Now Interestingly enough, founder Adam Katz TotSpot’s appeal in the early adopter Social Networking Blog:
that the team has had time to benefit from told us that this feature came as a request crowd and its ongoing dedication to both Totspot Teaches My Children About
26 TV* Tech Tips* Daily -Click and Print- Newspaper
DEFINE page 33
Daily -Click and Print- Newspaper Religion* 33
DEFINE
continued from page 32
remains were found in the District’s scenic they were both students at Ohio State philosophy.” That’s the kind of vague
Rock Creek Park. After a year-long University. Robert Levy was an ROTC religious term that cries out for specific
investigation, the Washington Post has graduate and microbiologist who would go information that lets the readers decide
turned back the pages of time — in terms on to medical school. Susan Katz was an whether the label is appropriate. Or did the
of journalism style — and is publishing a art education major. When he started his Levys use the term to define their beliefs?
massive project about Levy’s death in a practice, Robert could choose among We do not know.
series of short, dramatic articles backed several cities that needed oncologists: I am also aware that there are more than
with videos and blogging. In other words, Zanesville, Ohio; Council Bluffs, Iowa; a few people blending Judaism and
this is a kind of a tabloid serial project for Las Cruces, N.M.; Richmond, Va.; and Buddhism — since entire books have been
the digital, multi-platform age. Modesto, Calif. They picked Modesto out written on the topic. There really are
All of this is interesting material for of a baseball cap. sincere believers who call themselves “
classes here at the Washington Journalism By the time they moved, Chandra was 4. JUBUs,” short for “Jewish Buddhists.”
Center, and I have been reading the first Soon, the family added a son, Adam. However, once again, I am not sure this is
four installments while wearing my Robert Levy slowly built his practice and a label that the Levys would accept.
journalism professor hat. became known as “Last Chance Bob” for Then there is the issue of Pentecostalism
But, this morning, I hit a passage that his aggressive yet holistic approach to — by definition, a Christian movement —
raised a GetReligion flag. This particular treating cancer. Sometimes, he would showing up in this list. What spiritual
story by Sari Horwitz, Scott Higham and come home after losing a patient and cry. activities or beliefs led to the inclusion of
Sylvia Moreno focuses on the grief, As Chandra and Adam grew up, the this loaded term in the seemingly grab-bag
confusion and anger of the young woman’s family traveled the world: Africa and list of faiths attributed to this grieving
parents, Robert and Susan Levy. Each Costa Rica, Israel, Jamaica and the couple? The reporters need to show us why
chunk of this ongoing story is told in a Galapagos Islands. The parents delved these words are accurate, in the case of the
series of short, punch flashes of deeply into spirituality, exploring their Levy family.
information and color. Here is the part that Judaism and blending in Buddhism, GetReligion has some regular readers
raised faith-based questions for me: Pentecostalism and Hinduism. who are practicing pagans or neo-pagans,
The crisis forced the Levys to draw on a With Chandra gone, none of it seemed to which are two other terms that journalists
spiritual foundation they had spent a be helping. tend to toss about from time to time. How
lifetime cultivating. With bushy eyebrows, And all the people said, do you feel about the term “New Age”? Do
receding salt-and-pepper hair and a kind “Pentecostalism?” you think it has any actual content and, if
smile, Robert Levy was a gentle soul, an I do not, of course, know what kind of so, what are the specifics? What are the
oncologist grounded in science but background information will be added in essential beliefs and rites that reporters
captivated by New Age philosophy and future articles about the family’s religious should investigate?
various religious beliefs. His wife, Susan, beliefs and practices. That’s one of the The bottom line: If you were putting a
was his muse — a tall, outdoorsy woman weaknesses of serial journalism. I know “New Age” entry in the stylebook, what
with high cheekbones and a hearty laugh that the Associated Press Stylebook does would you write?
who loved to ride horses, paint and sing.
The couple met at a mixer in 1968 while
not contain an entry that offers any insight
into what is and what is not “New Age
Bookmark to:
Go up, reporter
By Mark Stricherz the program,
Submitted at 7/15/2008 1:45:41 PM
Birthright is the brainchild of, among
others, Michael Steinhardt, a New York-
As a gentile, I learned to think of the based investor and philanthropist, who saw
Jewish people mainly in religious terms. what he considered an alarming trend: the
Reading the Old Testament alongside the increasing disaffection of young, non-
New Testament will do that to a goy. Israeli Jews from their culture and
I grasped that the term Jew had an ethnic community.
meaning as well. But it wasn’t until I “They typically stop their Jewish
began writing, if only occasionally, about educations after their bar or bat mitzvahs,”
Jewish-related stories, that it was he said, referring to religious coming of
impressed upon me that the religious and age ceremonies performed at 12 or 13. “I
ethnic aspects of Jewish life are hardly one decided to focus on the next generation of
in the same. our people. If there is a miracle in our
Still, I think that sometimes reporters lifetimes, it’s the birth of Israel. You can
gloss over Jews’ religious identity. Take be Jewish and not visit there, but you’re
this Los Angeles Times story by David missing a lot.”
Haldane. This passage is enticing. It suggests that
Haldane writes about a fairly recent the program aims in part to teach the
program for young Jews: an all-expenses
paid trip to Israel. As Haldane describes UP, page 34
34 Religion* Daily -Click and Print- Newspaper