THE NEWS HACK'S CREED:
I know more than you.
I make lots more money than you.
I'm smarter than you.
I'm sexier than you.
I appear on TV all the time.
I work ten minutes a day.
I rule the universe.
I'm going to live forever.
You are an idiot.
THE NEWS HACK'S CREED, No. 2:
A lie isn't a lie when it tells THE TRUTH.
THE NEWS HACK'S CREED, No. 3:
I've come to realize that the looseness of the journalistic life, the seeming laxity of the newsroom, is an illusion. Yes, there's informality and there's humor, but beneath the surface lies something deadly serious. It is a code. Sometimes the code is not even written down, but it is deeply believed in. And, when violated, it is enforced with tribal ferocity.
--JOHN "OMERTA" CARROLL.
THE NEWS HACK'S CREED, No. 4:
News isn't news when we don't report it.
PERMALINKS:
THE NEWS HACKS' DICTIONARY
THE EUGENE DAVID GLOSSARY
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The naming of Stephen Cooper as CEO of Krispy Kreme, and Steven Panagos as chairman, may be an ominous sign. Cooper succeeds Scott Livengood, who "retired." Livengood was named by this column as the worst CEO of 2004.
As chairman and managing director of turnaround firm Kroll Zolfo Cooper, Cooper is also interim CEO of Enron and has a history of being brought into companies in dire financial straits. Before Enron he served as vice chairman of Laidlaw, which, like Enron, filed for Chapter 11 bankruptcy protection. Laidlaw emerged from bankruptcy in 2003.
Panagos, meanwhile, is currently chief restructuring officer of Penn Traffic Co., which has also filed for Chapter 11 bankruptcy. In fact, most companies cited in the press release announcing Krispy Kreme's management change, including Polaroid, NRG Energy and ICG Communications, have filed for bankruptcy.
Sign? It's a flat-out HEX!