the 'truth' comes out at dow jones
This little item at Jim Romenesko’s MediaNews on Thursday was too … interesting … to pass up.
THURSDAY, DECEMBER 5, 2002
New York Post
Peter Kann got an earful from his Dow Jones troops at two “town hall” meetings, reports Paul Tharp. One employee asked why only the non-executive employees got axed and why management and shareholders “didn’t suffer any pain.” Kann’s response: “It’s not an egalitarian place; no corporation is.” Another staffer: “Why not?” A visibly flustered Kann answered: “Well, that’s one of the dangers you face living in a capitalist society.” A DJ-ER SAYS: “Kann’s usually smooth and unflappable, but he was rattled at how outspoken everyone was.”