Eugene David
...The One-Minute Pundit

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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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    Friday, April 27, 2007

    Posted 2:54 PM by Gene

    Oh, NO -- GE BANCORP AND REALTY's going WAY UP today because somebody has FINALLY suggested spinning off parts of the company!

    And guess which parts the Citigroup "analysts" want to spin off? Show-biz and real estate -- and consumer finance!

    We ask again: what is GE BANCORP's purpose other than being big and unwieldy, and generating lots of bad PR?

    ``As bad as it sounds to say, our earnings have grown into the stock price,'' Immelt said. ``Maybe we were too highly valued on the future. We are not today.''

    LEGENDARY WELCH WOULD FIRE YOU!

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