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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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Monday, May 15, 2006
Posted
11:02 AM
by Gene
The market affords the best-run financial companies, like Citigroup Inc. and Bank of America Corp., multiples of about 13, and the best industrial companies trade at about 18 to 19 times earnings, said Matt Collins, an analyst with Edward Jones. That leaves top-rated GE, with half of the company's profits generated by financial services, right in the middle.Translation: GE Bancorp and Realty STILL can't make up its mind what it wants to be when it grows up.
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