Rupert Murdoch: Merely Valuing the Valuable

Is a little Rupe optimism going too long a way? Over the last few months the chorus of commentary where Rupert Murdoch and the WSJ is concerned has frequently been a concession that things are not nearly as bad as people had assumed they would be (read: apocalyptic). Just last week, former WSJ head Paul Steiger said that thus far he has seen no evidence of the “bad Rupert showing up” at the paper. Well, not so fast! Jack Shafer says