Why Rolling Stone is better than the NYT or WSJ
Jann Wenner owns Rolling Stone which he founded during the Summer of Love when I was 15. He can publish these stories that don’t appear — and will probably never appear — in the Wall Street Journal or New York Times mainly because his business is radically different from their businesses. Rolling Stone doesn’t look to Citibank or Morgan Stanley for advertising. And Jann Wenner has nobody to report to except himself. Like me, he doesn’t give a damn. Those other papers have shareholders and boards of directors that inevitably create a cesspool of interests and intrigue no matter what the church-versus-state rules are supposed to be.