The Axeman Cometh.

The Washington Post Company's newspaper division lost $143 million in the first half of 2009. Annualized, that's a nearly $300 million loss. Newsweek, which is losing readers at an alarming pace, lost $50 million. There is no way that any of this is sustainable. And where (oh where) can $285 million of cost savings be found at the Washington Post?

Clinton At His Best.

A warm and moving rememberance of Walter Cronkite.

Things That Will End Badly (Chapter 37)

They're called "life settlements." They're a new Wall Street fee machine. Business Week has done the best work on this subject for years now. Today's NYT basically recounts that work and puts some names and faces to it.