The LA Times reports that the WSJ newsroom is not happy with the new boss. An excerpt:
Reporters reacted bitterly to the prospect of Murdoch’s gaining control of the Journal, which has long been regarded as a beacon of financial journalism.
They voiced concern that Murdoch would diminish the paper’s quality, imbue it with some of the glitzy style of his crosstown New York Post and slant the Journal’s news coverage to advance his business interests.
“People are aghast that this could have happened,” said one reporter, who like others spoke on condition on anonymity. “It’s a sickening realization to know that this really great iconic newspaper is [not only] no longer going to be independent, but is also going to be controlled by a man whose values are inimical to ours.”