It’s a lot simpler than what relationship Thornburg has with CBS.

This report is PR damage control, executed by CBS.

How ’bout we go back in time four years and visit the ENRON situation?

“The independent Enron Shareholders’ Review Board, chaired by a senior partner of Ken Lay’s personal law firm and an emeritus board member (retired, 1999) of Enron’s accounting department, have determined that competition and poor business decisions account for the corporation’s current cashflow problems. Four assistant vice presidents have been asked to resign.

Mr. Lay praised the efforts of the Board and assured stockholders that in the future conditions would certainly improve.”

CBS has done the same thing.

The TANG story was not an aberration. It was business as usual until they got caught.

I agree with the proposition that this abortion represents the best desperate balance between PR and shielding from criminal culpability that Black Rock could come up with.

How does one go about filing an ethics complaint with the bar in New York? That should be the first step. I also think that if CBS wasn’t already preparing to get out of the news business they would have called Dan in Thailand and fired him; leaving him hanging around in the news room after this is a clear statement they just don’t care about journalism.