October 25, 2005

Quote of the Day: On Judith Miller and New York Times’ “Journalists” (Plus More Financial Deterioration at NYT)

The Times mistreatment of Ms. Miller may be an indication of the paper’s slide into irretrievable looniness (HT Porkopolis via Powerline):

Autophagy of The New York Times

Who has been the better journalist - Judith Miller or those attacking her in her own paper’s pages? Ms. Miller was sounding the alarm about the Iraqi threat and working her sources and fighting not to get beat. Ms. (op-ed writer Maureen) Dowd was parroting unsubstantiated smears, and Mr. (Valerie Plame’s wife Joe) Wilson was falsely downplaying Iraq’s effort to obtain weapons of mass destruction, without disclosing to Times readers his wife’s institutional interests. And huge numbers of Times reporters have been complaining about her to competing news companies. To which we can only say that if Ms. Miller is to be run out of the Times in favor of Ms. Dowd and Mr. Wilson and those who believe, falsely, that the Iraq war was all just an elaborate con job by Mr. (Iraqi informer Ahmad) Chalabi and his neoconservative allies - well, then the Times is in even worse straits than we thought.

In most definitely related news, New York Times Company stock (NYT):

  • Closed at a 52-week low of $27.09 on Friday, Oct. 21, before slightly rebounding to close at $27.30 on Monday, Oct. 24.
  • Is down by over one-third since mid-November 2004, and over 45% from mid-February 2004.
  • Has lost over $3 billion in market value since mid-February 2004.

The Times Company’s investors are in even more need of relief from its papers’ ongoing journalistic malpractice (including the Boston Globe, which could have its own set of a half-dozen posts) than their readers.
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