What About Bob?!?

The Washington City Paper takes an interesting look at Bob Woodward’s buyout package at the WaPo (he finally took it after saying no to two previous offers). But it’s sorta complicated:

  • For the Post’s legendary investigative reporter, however, the buyout may not exactly yield a windfall, largely because he has been drawing a salary of $10,000 for the past couple of years. … Yet there’s an interesting wrinkle in Woodward’s package: That $10,000 salary? It represents a voluntary pay cut that took effect in mid-2006.
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