"The CBS News people, as you mention, have been disenchanted of late, and they're probably encouraged by this move, but specifically, what were they fussing about? How have they been mismanaged? Can anyone say?"
"Well, I think there are probably a thousand different stories. One story that's received a lot of prominence in the last week is Bill Moyer's story, which is a feeling that the entertainment values at CBS have been enshrined at the expense of news values. That, however, is probably also a little simplistic if you go back to Edward R. Morrow, the late sainted Edward R. Morrow, who's a wonderful journalist, but who was also a journalist who sometimes enshrined entertainment values, for instance, if you go back and look at person-to-person interviews that he did on a program called 'Person to Person', it was a kind of a 'Gee, whiz, oh gosh, it's so nice to be invited into your home' kind of an atmosphere, and hardly hard news. But I think Moyers' complaint suggests how polarized the situation at CBS is."
"Ken Aleter. He's the author of the book, Greed and Glory on Wall Street , talking with us in n New York."
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