Los Angeles Times | CNNMoney.com
Former Wall Street Journal managing editor
Norman Pearlstine notes that the Journal is
Rupert Murdoch's favorite newspaper and that he's lusted after it for decades. "He loves news and newspapers and believes that business coverage can transcend dullness. He is also smart enough to recognize that the surest way to reduce the value of his investment would be to undermine the Journal's editorial independence and its commitment to quality." ||
David Kirkpatrick: The Bancrofts would be crazy to turn Murdoch down.
