Fox Biz Reporter Did Read a Book About 'Stocks' Once
In your censorious Tuesday media column: A Russian journalist dies after an attack, Fox Business Network hires only the best financial experts, dumb high school censorship, and newspapers all dying as usual.
Yaroslav Yaroshenko, the top editor of the Russian monthly Korruptsiya i Prestupnost (Corruption and Crime), has died from head injuries he received when he was attacked two months ago at his apartment building. His deputy believes the attack was related to Yaroshenko's work. We're not saying that's true, we're just saying: all crime reporters in Russia should carry big ass shotguns.
Why is Fox Business Network the most trusted source of information on why the stock market is doing what it's doing? It's because of people like Matt Egan, a 24 year-old beat reporter on their web team: "I cover the stock market; it's my primary responsibility. I recap why the market is up or, mostly, why it's down." When he got the job, he says: "I had no idea about the stock market. I wish I had taken business classes. I bought a business textbook ahead of time. I read that, and started reading The Wall Street Journal every day. We had a month and a half to prep." That wasn't that long ago! I'm the same way, Matt. No knock on you. Just pointing out that Fox Business Network is where the experts are.
The principal of a California high school confiscated hundreds of copies of the student journalism magazine because he said the cover—pegged to story about student tattoos—looked like it had a "gang tattoo" on it. How did he make this serious, and possibly illegal, censorious decision? "He said a custodian stopped him in the hall as he walked with a copy of the magazine and asked: 'Oh, you're reading a gang-tattoo magazine, huh?'" Sounds about right, yes.
Let's have one of those "bad newspaper news roundups" that you all love so much, shall we? 43 layoffs at the Waco paper; the New York Times Co's retirement plan lost $154 million; Freedom Communications is cutting pay 5% across the board; and nine layoffs at the St. Paul Pioneer-Press. Condolences to all newspaper employees everywhere.