NEWSWEEK'S media reporter Seth Mnookin handicapped the race for the job of New York Times executive editor last week, putting Los Angeles Times managing editor Dean Baquet as the 2-1 favorite, Bill Keller (runner-up to Howell Raines in the last go-round) in the second position at 3-1, and Boston Globe editor Marty Baron as a reasonable 5-1 shot....From http://www.msnbc.com/news/925157.asp:
Marty Baron: 5-1. Baron has taken the helm of two storied but troubled papers (The Boston Globe, where hes currently the top editor, and The Miami Herald) and made them both better. He has experience running a fractured newsroom, and out of the top three candidates, is the only one who has headed his own shop. But his demeanor is somewhat distant, and its likely the Times will need some TLC.
In the spring of 1994, a Republican candidate for county treasurer, John Moorlach, brought Baron and his staff a detailed analysis arguing that the Democratic incumbent was dangerously gambling with the county's public funds.See also from http://www.oc.ca.gov/treas/johnbio.htm:The paper dismissed Moorlach's analysis as politics...
.JOHN M. W. MOORLACH, C.P.A., CFP®
ORANGE COUNTY TREASURER-TAX COLLECTOR
John M. W. Moorlach, Certified Public Accountant and Certified Financial Planner®, was appointed to fill the vacancy of Treasurer-Tax Collector on March 17, 1995. The resignation of the former Treasurer, due to the County's $1.64 billion in investment losses, provided this opportunity for John to improve a financial situation that he tried to prevent.
John challenged the six-term incumbent for the Orange County Treasurer-Tax Collector position in the June 1994 primary. He assembled a fine group of supporters, including Congressman Chris Cox as Honorary Campaign Chair , in the first challenge of the incumbent since he was initially elected in 1970. John addressed many issues relating to the County's investment strategies, including encouraging an emphasis on the preservation of capital (safety) and opposition to the aggressive use of leverage (arbitrage), derivatives, and not marking securities to market values. The campaign received national attention, including several articles in The Wall Street Journal, with John garnering nearly forty percent of the votes cast.
Just prior to the June 7, 1994 election, John wrote a letter to the Chairman of the Board of Supervisors detailing the aggressive nature of the County's portfolio. In the conclusion of this May 31st letter John warned that the Board should "prepare for a worst case scenario." The Board chairman did not respond. Standard & Poor's and Moody's were not concerned. The participants in the County's portfolio incorrectly concluded that John's warnings were "political rhetoric." Six months later the portfolio imploded, proving John's warnings and "resulting in large losses of investor dollars."
Accordingly, John has the distinction of having predicted the largest municipal bond portfolio loss and bankruptcy in U. S. history...
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I agree with Hewitt - - Baron would make the perfect scumbag to take over the New York Times.
He would fit like a glove.