Maybe when Obama denied access to lobbyists, he really meant lobbyists who don't pay a fee for access. Or is that just the Washington Post.
For $25,000 to $250,000, The Washington Post is offering lobbyists and association executives off-the-record, nonconfrontational access to "those powerful few" — Obama administration officials, members of Congress, and the paper’s own reporters and editors.
The astonishing offer is detailed in a flier circulated Wednesday to a health care lobbyist, who provided it to a reporter because the lobbyist said he feels it’s a conflict for the paper to charge for access to, as the flier says, its “health care reporting and editorial staff."
The offer — which essentially turns a news organization into a facilitator for private lobbyist-official encounters — is a new sign of the lengths to which news organizations will go to find revenue at a time when most newspapers are struggling for survival.
And it's a turn of the times that a lobbyist is scolding The Washington Post for its ethical practices. ...Politico and Daily Beast
The astonishing offer is detailed in a flier circulated Wednesday to a health care lobbyist, who provided it to a reporter because the lobbyist said he feels it’s a conflict for the paper to charge for access to, as the flier says, its “health care reporting and editorial staff."
The offer — which essentially turns a news organization into a facilitator for private lobbyist-official encounters — is a new sign of the lengths to which news organizations will go to find revenue at a time when most newspapers are struggling for survival.
And it's a turn of the times that a lobbyist is scolding The Washington Post for its ethical practices. ...Politico and Daily Beast
Put that together with this tidbit and you'll know that the era of unleashed greed is far from over.
Who says the era of giant paychecks is over? The Wall Street Journal reports that with business returning to Wall Street, executive compensation will be making a similar comeback. Goldman Sachs, for example, is set to pay out $20 billion this year—about $700,000 per employee or double last year's $363,000 average. Of course, the big payouts depend on continued market improvement and on what field an executive is in. Junk-bond trading is improving, and so is compensation in that area, although asset-backed security paychecks are iffy because that market remains frozen. The real trick is making salaries competitive while managing public perception. ...Daily Beast and WSJ
There now, dearie. Is your perception feeling nicely managed?
