Okay. Here's A Journalism Business Model That Really, Truly, Is New. (And It Involves Short Selling.)
flickr: tombothetominator
A new web site investigating publicly-held companies launched last week. It’s got an interesting backstory and a very, very interesting business model.
iBusiness Reporting is run by William Lobdell, a former Los Angeles Times reporter, and Barry Minkow, a guy who did seven years in prison for orchestrating a Ponzi scheme in the 1980s. Yep. (His Ponzi scheme also may have involved the mafia, money laundering, and a Ferrari Testarossa.) Yeah, you read that right.
iBusiness
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