Conflicted
I’m interested in the juxtaposition of these two items (thanks again, Romenesko).
Exhibit 1: A part-time St. Paul Pioneer-Press copy editor gets suspended for three days without pay for attending a peace rally in Washington, DC. Mind you, he’s not a 20-something sneaker beatnik. Tim Mahoney made the trip with his parish. He served in Vietnam. Without glorifying him, he’s at least seen war, and one can guess he doesn’t take up arms lightly.
Exhibit 2: Eight executives of The New York Times receive Boston Red Sox World Series rings as “gifts.” The Times company, parent to my former employer, owns a 17-percent stake in the Red Sox and the park they play in, and an 80-percent stake of the TV station that broadcasts games. Oh, and they cover the team through the Boston Globe. Did I mention the rings are essentially priceless?
Let me see if I can draw an industry message from this. How about, conflicts of interest are OK if masked by cross-ownership and an embarrassment of cash? Uh, no, that sounds too cynical. Maybe the message is, believe in nothing and you’ll go far in this business.