Talking Biz News | Columbia Journalism Review
Paul Steiger, who retired last week as Wall Street Journal managing editor, says the decision not to tell his reporters about
Rupert Murdoch's bid for Dow Jones "did not cause me a lot of anguish." CNBC broke the story, and the Journal was forced to follow. "I hate being in that position, but that's life in the city," says Steiger. ||
Earlier: Murdoch did WSJ no favors with his confidential note to Steiger.