30 July 2007

"Bancrofts Said Divided as Journal Deadline Looms" - The New York Times

Whether one blames the potential sale of Dow Jones on the decline of family-owned newspapers or on the general decline of printed newspapers, there are principles and values embedded in the institution that is the Wall Street Journal that should be preserved whoever owns it. The greatest tragedy will not be the loss of the Wall Street Journal but rather the loss of the quality commitments made in its news columns and, yes, whether one agrees or disagrees, the quality of the expressions of points of view on the Journal's editorial pages. That's something one has to look very hard to find anywhere in MySpace, Wikipedia or somebody's blog.

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