Newsweek Axed — The Fruits of Nepotism

Posted by: Michael Collins Posted date: May 05, 2010 In: Daily Journal (Opinion), Media | comment : 4

Claim: Washington Post Co. Chairman Donald E. Graham tells Newsweek Staff he’s putting the company up for sale. Donald Graham is the son of former Chairman, the late Katherine Graham.
Likely: Graham is shutting it down in 4-5 months unless they find a buyer. (How often do companies just announce a sale like this without a buyer?)

Graham added, “If anyone should take the blame for this ending, it is me–for not seeing early enough and reacting in the right way to the changes that have come to our industry.”

Mr. Graham is an incompetent publisher, ipso facto. However, the Post board should take the blame for using nepotism as the criterion for selecting this publisher. After three years on staff with the Post and no distinction of note,he was elected to the board. Two years later, in 1976 he became GM and three years after that publisher. His accomplishments: a massive conflict of interest in 1994; appointing his college pal, a lawyer, as publisher in 2000 and his cousin in 2008; failing to tell the truth on Iraq/Bush Co … and… driving the Post & Newsweek into the ground.

All because he was the spawn of the previous publisher. Such a deal!

‹ Previous Next ›

About The Author

Michael Collins

Michael Collins is a writer and researcher in the DC area. He focus in on election, financial, and political fraud along with other corruptions of the new millennium.

Number of Entries : 175

http://snarkypenguin.blogspot.com Badtux
Ah yes, Donald Graham. Yet another member of the lucky sperm club, whining that those unseemly heathen whining that America is no longer the land of opportunity simply aren’t willing to work hard to get ahead, not seeing the hypocrisy of his own words…

http://electionfraudnews.com Michael Collins
It sure isn’t when it comes to some of the plum positions. I’m always heartened by start ups that turnout well. You can’t fake that (well, you can but it’s obvious). Too much is blocked for too many. The performance level is just appalling for a country filled with so many talented people.

http://www.projectvotecount.com/ Mark A. Adams JD/MBA
As I said to the FCC at its public workshop in Tampa on April 20, 2010, the print media is suffering because not many people want to pay for lies and propaganda when they can get them for free on TV.
I’m surprised that Graham didn’t try to arrange a sale of Newsweek to its staff. Maybe they are working on that, but then again, since they weren’t bright enough to figure out that failing to report the news accurately results in a big loss in subscriptions and advertising revenue, maybe they weren’t bright enough to think of selling it to its staff.

http://electionfraudnews.com Michael Collins
What you say! Product! Content! Engaging the reader by respecting their needs and intellect. That would be a revolutionary concept. I just saw a Post Company dude, the Editor of Slate, “commiserating” with the British people on their election outcome, comparing it to the outcome of 2000 here. My God! They can’t even get history right. The British are a lot better off than we are and run a cleaner election from hand counted ballots to more restraint by the candidates in terms of personal attacks.