Editorial Independence, Bruce Wasserstein-Style
Okay, so I have one more moment of high comedy from yesterday’s Lazard Freres/Carl Icahn press conference. Midway through the Q&A, a reporter from Newsweek asked Bruce Wasserstein a semi-technical question about a report that had appeared in The Deal — a magazine/Website devoted to all things M&A — concerning which way mogul John Malone was leaning with his Time-Warner shares.
Wasserstein looked nonplussed, paused, and said, “I guess that proves people must read The Deal more carefully.”
“You
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