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."