Advance Indiana gets it right

Dateline: Sun 29 Mar 2009

Gary Welsh has a good post on the Star and its Behind Closed Doors item today, cutting to the chase by disclosing the Star's financial interest in the status quot.

Here is part of what he says:

"They're knocking the blogs for reporting the trip in the first instance? And they think this is responsible journalistic reporting? As usual, the Star doesn't disclose its own sweet-heart, $2-$3 million loan to the CIB to pay for Conseco Fieldhouse, which the newspaper is now being asked to forgive, or the fact that it got that money it loaned to the CIB from the Circle Centre Mall in which it invested and which is run by the Simons. Like Conseco Fieldhouse, the Simons pay no rent to operate Circle Centre Mall. You pay for it; they pocket the profits. I don't know how much poking around the Star did on this subject, but increasingly in the business world such trips are being banned because of the potential for conflicts of interest with the employees handling the account. At least one Gannett employee has told me that this trip clashed with the company's stated policy. Oh well, don't expect to learn the full story on this one from the Star. If the newspaper really wanted the list of attendees, couldn't it have asked its own employee who participated in the trip for that information? And the blogger the Star took a dig at without naming in the column for supposedly only getting the story half right? Ruth Holladay is a former, long-time columnist for the paper."

Here is the link to Advance Indiana:

http://www.advanceindiana.com/

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