"The deterioration we experienced at Newsday was hardly unique. All across America news organizations have been devoured by massive corporations, and allegiance to stockholders, the drive for higher share prices, and push for larger dividend returns trumps everything that the grunts in the newsrooms consider their missions. Long gone are the days of fast-talking, whiskey-swilling Murray Kempton peers eloquently filling columns with daily dish on government scandals, mobsters and police corruption. The sort of in-your-face challenge that the Fourth Estate once posed for politicians has been replaced by mud-slinging, lies and, where it ought not be, timidity. When I started out in journalism the newsrooms were still full of old guys with blue collar backgrounds who got genuinely indignant when the Governor lied or somebody turned off the heat on a poor person's apartment in mid-January. They cussed and yelled their ways through the day, took an occasional sly snort from a bottle in the bottom drawer of their desk and bit into news stories like packs of wild dogs, never letting go until they'd found and told the truth. If they hadn't been reporters most of those guys would have been cops or firefighters. It was just that way."
via Dare Obasanjo