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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Even before this week's news from Lehman and Merrill, Jersey City businesses were feeling the effects of the credit crisis, said Johnny Leung, owner of Komegashi, a Japanese restaurant five blocks away from the cluster of office buildings that includes Goldman, Lehman and Merrill.
Groups of Goldman employees who used to spend as much as $500 to $600 at a time in Komegashi have trimmed bills to about $50, ordering the $11 ramen special instead of specialty sushi rolls that cost as much as $20 apiece, Leung said.
Black limousines idling curbside in the financial district, once a common sight in the evening, have become scarce. Leung, 44, said half of his lunchtime crowd consists of finance-sector workers, and deliveries to people working late nights have slowed drastically.
When the MASTERS OF THE UNIVERSE start with their fantasies the little guy gets the ammo.