Word: media
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During December and January, Harvard completed a $2.5 billion bond offering to bolster its cash reserves, as well as to refinance riskier forms of debt. Several media outlets have suggested that the University held insufficient cash reserves, and Forbes magazine wrote that Harvard had found itself in a "cash-raising panic" in the midst of the economic recession...
...explained that the display room has always been a net loss for HUP, but it was a cost that they were willing to subsidize until now. She said publishers have been dealt a “double-whammy” by the financial crisis and the transition to digital media...
...Denise Simmons said she spoke to Gates and apologized on behalf of the city.But Sergeant James Crowley, the Cambridge police officer who arrested Gates, said Wednesday that he would not apologize for his actions, saying that he was not a racist and that he was disappointed by the national media intense coverage of the incident. The Cambridge Police Superior Officers Association, which represents 50 police sergeants and lieutenants, also came to Crowley's defense, saying he was a "highly respected veteran supervisor with a distinguished record" and that "his actions at the scene of this matter were consistent with...
...violent tactics of our police, and the corruption of our politicians in a wave of horrific scandals. Now, whispers are circulating about the illegal practices that take place at every newspaper, and even if further allegations aren’t uncovered, the strength of this story could taint the media as a whole. If the fourth estate of British society crumbles, executives will need more than an authoritative strut and reasurring words to appease cynicism. The British public needs substance behind the self-confident guises of its public institutions...
Regardless of street credit, “fuck” is the appropriate response when the biggest media scandal in years hits the company where you work. The Guardian story exposed allegations that The News of the World—a News International newspaper—is rife with journalists who illegally tap the phones of thousands of prominent British figures. Journalists tend to stride to and attend the same meetings as politicians, the police, and lawyers, and consequentially figures from every one of these forums are embroiled in the scandal...