Kevin: Via Romenesko. I’ve written about this before. The terms of Zell’s buyout of Tribune Co were over-leveraged. They will have to spin off other properties and hope that the newspaper business doesn’t deteriorate more or risk default in as soon as 18

Kevin: Alf Hermida writes from the Online Journalism Symposium. James Maroney of Belo and the Dallas Morning News says: “If you are I the newspaper business, you are in the business of managing decline. If you are I the news and information business, then

Kevin: Great reporting and compelling story telling from This American Life about the expansion of executive branch power under the Bush administration and the concept of the ‘unitary executive’. Anecdotes backed up with clear legal explanations.