The Deal from Hell (57 page)

Read The Deal from Hell Online

Authors: James O'Shea

BOOK: The Deal from Hell
2.46Mb size Format: txt, pdf, ePub
329
After another lunch in his office, Zell
Author's interview with Ann Marie Lipinski, Chicago, IL, winter 2010.
331
In December 2008, the Tribune Company
“Tribune Company Files for Bankruptcy,” by
Dealbook
, December 8, 2008.
Epilogue
336
In Chicago, Zell had turned his attention
“Sam Zell's Deal from Hell,” by Emily Thornton, Michael Arndt, and Ronald Grover,
Business Week
, July 30, 2008. In this and other pieces, Zell said his investment in Tribune Company was a mistake, one that he labeled “The Deal from Hell.”
336
Heavily promoted stories about fake food
The stories and promotions cited by the author appeared on page one of the
Chicago Tribune
on October 1 and October 8, 2008.
337
When one Tribune editor pitched
Former Tribune associate managing editor for sports, Dan McGrath, was at the meeting in question and told the author about the decision, Chicago, IL, summer 2008.
338
Michaels used the Colonel's office for a poker
“Poker Party ‘des ecrates' Tribune Tower Shrine,” by Robert Feder, WBEZ 91.5, July 2, 2010. The piece by Feder included four pictures and a narrative of the event by John D. Phillips, the Tribune Tower manager appointed to his job by Michaels. Phillips posted the event on his Facebook page.
338
A terrace on the twenty-second floor of Tribune Tower
The incident involving the sexual tryst between the secretary and Michaels was first reported in an anonymous letter to the Tribune Company board. The author confirmed the incident with Mary Jo Mandula, who managed the building and oversaw the security services that employed the guard who discovered Michaels and the young woman. The author also confirmed the incident with another high-ranking security official at Tribune Tower, although the official discussed the incident and asked that his name not be used. The alleged “investigation” of the incident by an outside law firm dismissed the allegation in the letter because no one had filed a complaint with the Tribune's human relations department, which Michaels had downsized. In his
New York Times
story of October 6, 2010, David Carr disclosed the incident but Michaels' name was withheld.
339
“I feel compelled to report on some things . . .”
Anonymous letter to the Tribune board of directors outlining the sexual trysts and the hiring of numerous friends by Michaels. The letter, dated December 11, 2008, was signed “Concerned Employee.” The author examined an e-mail that disclosed that a Tribune director was made aware of the substance of the letter. The author agreed to withhold details of the e-mail in return for examining it. The letter said that Michaels' conduct was widely known within the company and Tribune Tower. The employee's letter to the board contained numerous examples of Michaels' antics.
341
Thomas E. Patterson, a professor of government
“Doing Well and Doing Good: How Soft News and Critical Journalism Are Shrinking the News Audience and Weakening Democracy—And What News Outlets Can Do About It,” by Thomas E. Patterson, Joan Shorenstein Center on the Press, Politics and Public Policy, Cambridge, MA, December 2000.
343
The Pew Research Center's Project for Excellence
“How News Happens—A Study of the News Ecosystem of Baltimore,” January 11, 2010. The study by the Pew Center represents the only effort the author is aware of that attempts to document the true source of news in the age of the Internet.
343
the Sun has cut its newsroom by about 60 percent
Author's interview with sources knowledgeable about staffing levels at the
Baltimore Sun
. In 2004, the
Baltimore Sun
's newsroom was composed of approximately 384 staffers, about two-thirds of whom, or 253, were members of the Washington-Baltimore Newspaper Guild, the bargaining unit for employees that were not management. By 2011 there were 98.
INDEX
A
ABC News
Abrams, Lee
Adams, John Quincy
Advertising, newspaper
business of
declining circulation and
Los Angeles Times
campaign
monopoly control of
on page one
strategies designed for
Airlines, lack of emergency medical equipment on
Alford, Kael
American Express
American Society of News Editors
America Online
Brumback investment in
Madigan sale of
Time Warner merger with
Amin, Idi
Andersen, Martin
Anderson, Lisa
Annenberg, Max
Annenberg, Moe
Anthan, George
Arizona Daily Star
Arlington Heights Daily Herald
(suburban Chicago)
Armstrong, Ken
Arnot, Bob
Arthur, John
Associated Advertising Club
Associated Press (AP)
Associated Press Managing Editors convention
Atlanta Journal and Constitution
Atorino, Edward
Audit Bureau of Circulations (ABC)
Brumback on
history of
newspaper connection to
purpose of
sales observations of
two percent list of
See also
Circulation, newspaper
Avetisian, Chris
Aviation Medical Assistance Act
B
Babcock, Susan
Begley, Ed. Jr,.
Bailey, Charles
Baker, Cissy
Baker, Howard
Ballin, Hugo
Ballow, Robert
Baltimore Sun
Banar, Elaine
Bank of America
Baquet, Dean P.
AP Managing Editors convention speech (2006)
as centralization foe
foreign and national news staff reductions by
Los Angeles Times
as national paper of the West
as
Los Angeles Times
managing editor
as New Orleans reporter
on “news hole” of
Los Angeles Times
O'Shea replacing
Barry, Marion
Bartter, Brit
Baskes, Roger
Batista, Fulgencio
Bayonet, The
(7th Infantry Division, U.S. Army)
Beck, Edward Scott
Beck Awards
Beiser, Scott
Benchmark Company
Bennett, Phil
Berg, Jeffrey S.
Bernstein, Carl
Bigelow, Chandler
Bilingual sections, of
Los Angeles Times
Bingham family
Black Journalists Association
Blackstone Group
Blagojevich, Rod
Blau, Robert
Blogs
Deadline Hollywood
of Hiller
LA Observed
newsroom leaks to
Bloomberg News
Boudreaux, Richard
Boyarsky, Bill
Bragman, Howard
Breeze, The
Brennan, Robert
Breslin, Jimmy
Brin, Sergey
Brinkley, David
Broad, Eli
Brown, Geoffrey
Brown, Jeffrey
Brown, Jerry
Brown, Pat
Brumback, Charles T.
on ABC circulation numbers
accountant background of
America Online investment by
CLTV cable news channel started by
on computerization
distribution changes by
on journalistic and business separation
Madigan as successor to
New Century Network of
at
Orlando Sentinel
productivity gains by
profit orientation of
Squires pressured by
on staffing levels
synergy demands of
Tribune Media Center and
Wall Street view of
Budget deficits, in Reagan presidency
Buettell, Ben
Burkle, Ronald
Burns, Greg
Bush, George H. W.
Bush, George W.
Bush, Vannevar
Business Week
magazine
Buyouts, employee
C
Cable TV
California Club
Capital Cities Communications
Carey, Kevin J.
Carlyle Group
Carr, David
Carroll, John S.
Baquet hiring by
“Editing by referendum” comment on FitzSimons
Los Angeles Times
as national paper of the West
Montorio hiring by
negative view of synergy of
newsroom understanding of
as Parks' replacement
Pulitzer Prize pursuit by
resignation of
Tribune
hostility toward
Carter, Jimmy
Castro, Fidel
Catledge, Turner
Cauthorn, Robert
CBS News
Centralization of editorial decision making.
See also
Synergy
Chandis Securities
Chandler, Dorothy “Buff,”
Chandler, Harry
Chandler, Norman
Chandler, Otis
family history
John Birch Society investigation of
journalistic standards of
Los Angeles Times
bureaus and
Los Angeles Times
controlled by
parents of
retirement of
staff reverence for
on Staples scandal
Wolinsky and
Chandler, Philip
Chandler family
financial windfalls of
FitzSimons' tensions with
Goldman Sachs stock buy from
as local publishing monopoly
on merger
Nixon and
special dividend scandal (1994)
stock sales by
super-voting status of Times Mirror stock of
Times Mirror Company stock of
Tribune Company and
unwinding of trusts by
Willes recruited by
Willes' tension with
See also Chicago Tribune
Charity scam investigation
Charles Schwab & Co.
Chase, Marc
Chen, Yang
Chicago Bulls basketball team
Chicago City Council corruption investigation
Chicago Cubs baseball team
Chicago Daily News
Chicago News Cooperative (CNC)
Chicago Online
Chicago Sun-Times
Chicago Theater of the Air
Chicago Tribune
America Online investment by
ethics policy of
foreign and national news coverage of
headquarters of
history of
Jones, Bill, at
junk circulation of
Madigan as publisher of
McCormick and Medill legacy to
newsroom of
profit margins of
Pulitzer Prizes of
Republican Party and
Washington, D.C., bureau of
See also
Merger, of
Chicago Tribune
and
Los Angeles Times
Chicago Tribune Sunday Magazine
Chicago White Sox baseball team
Childreach
Children International
Children's charities, investigation of
Chinatown
(film)
Choi, Jieun
Christian Brothers
Christian Children's Fund
Christopher, Warren
Ciccone, F. Richard
Circulation, newspaper
advertising declines due to
of
Des Moines Register
maintaining
monopoly control of
Newsday
and
Hoy
fraudulent inflation of
Willes' increases in
Citigroup
City News
Classified Ad Federation, NAA
Classified advertising
on Internet
Internet effect on newspaper
monopoly control of
Monster.com
effect on
real estate decline of
reductions in
Classified Ventures
Clayton, Janet
Clear Channel Communications
Cleveland News
Clinton, Bill
CLTV cable news channel
CNN
“Code Blue” (Crewdson)
Cody, Cardinal John
Coen, Jeff
Coffey, Shelby, III
Cohn, Marty
Cohen, Peter
Collins, Gail
Co-location
Columbia University
Columbia University School of Journalism
Columbine High School, Littleton, Colorado
Column One feature, in
Los Angeles Times
Combs, Sean Diddy
Comics, in
Chicago Tribune
Communism, false accusations of
Community leaders, newspapers as
Computerization
Computershare Trust Co.
Consolidation pressure, on newspapers
Convergence of media
Cook, Stan
Brumback as successor to
Kirkpatrick and
Salomon Brothers and
“Cops and Confessions” (Possley and Mills)
Costa, Michael
Cowles, Gardner
Cowles family.
See also Des Moines Register
Cox Enterprises
Crawford, Jan
Credit default swaps
Crewdson, John

Other books

Love Match by Maggie MacKeever
Super Duper Pee Wee! by Judy Delton
Broken Butterflies by Stephens, Shadow
Murder at the Azalea Festival by Hunter, Ellen Elizabeth
Ruthless by Gillian Archer