Jacqueline Meets Former Fairfax Readers

TIM BLAIR links to Jacqueline Maley's tale of horror and harassment at the hands of Alan Jones and his  crazed carbon junkies, and normally he would have a point about the Silly reporter's delicate sensitivities. But allowances need to be made in this case, as Maley appears to be heavily pregnant and thus, we can assume, very prone to outbreaks of irrational emotion.

When Maley asked Jones if he was being paid to address the Canberra gathering, one hopes she solicited a few tips on trimming costs.  In the very near future there is every chance it will be Maley's turn not to cash a pay cheque

FOOTNOTE: As readers who follow the last link will learn, Fairfax Media's stock had fallen to 69.5 cents by the end of Monday's trading. That means anyone with a spare $330 million-or-so could pick up about 25% of the company and effectively control it. Or think of it another way. Fairfax is attempting to unload its radio holdings which means, at an industry-standard 10 times earnings, an asking price of around $300 million.

So why pick up only the broadcasting unit when you could have the whole thing?Somewhere in Fairfax's great mound of poo there is a pony. An astute operator could get it up to a gallop -- after cleaning the stable, of course.