Grade the News
John McManus puts words in
Tony Ridder's mouth: "Let me leave you with a warning: If you do 'harvest' the qualities we've worked so hard to cultivate at Knight Ridder, be sure you make enough money to isolate yourself and your children in private schools and gated communities. The loss of social cohesion when news is treated like any other business won't be pretty. In a global economy America can survive the decline of almost any business. But take a lesson from James Madison: America will not survive broad public ignorance."
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KR cancels annual meeting that had been scheduled for April 18 (E&P)
