BREAKING: Obama Is TIME’s ‘Person Of The Year’

TIME: David Von Drehle’s masterly story on our Person of the Year not only sketches out what’s on Obama’s mind but also reveals new details about how and when he realized that his first 100 days had to start on Nov. 5, the day after voters elected him to become the 44th President of the United States and the first African American to hold the office. Von Drehle also tells us — with Obama’s help — how we should hold the new President accountable. Beyond his mastery of the issues, Obama revealed a more personal note: a slightly rueful sense […]

NOT SAFE AT ANY SPEED: Flaw In Internet Explorer Leaves All Users Vulnernable To Attack, Financial Ruin

ASSOCIATED PRESS: Users of all current versions of Microsoft Corp.’s Internet Explorer browser might be vulnerable to having their computers hijacked because of a serious security hole in the software that had yet to be fixed Monday. The flaw lets criminals commandeer victims’ machines merely by tricking them into visiting Web sites tainted with malicious programming code. As many as 10,000 sites have been compromised since last week to exploit the browser flaw, according to antivirus software maker Trend Micro Inc. The sites are mostly Chinese and have been serving up programs that steal passwords for computer games, which can […]

THAT’S NOT FUNNY, IT’S SICK: National Lampoon CEO Nailed By Philly Feds For Stock Fixing Scheme

MARKET WATCH: PHILADELPHIA — Acting United States Attorney Laurie Magid today announced the unsealing of three indictments and an information charging seven individuals with conspiracy and securities fraud. The charges pertain to four separate schemes designed to artificially inflate the prices of publicly traded stocks. Among those charged is Daniel Laikin, CEO of National Lampoon, Inc. which owns interests in the film “Animal House” and the “Vacation” series. These cases were the result of a long-term investigation, conducted in coordination with the United States Securities and Exchange Commission (the “SEC”), that detected ongoing stock manipulation schemes in the national securities […]

MEDIA: Twittering The Demise Of The Fourth Estate

NEW YORK TIMES: With staff changes and reductions across the media industry, even a blog post can be too time-consuming a way to announce who is in and out of a job. That is why a public relations employee turned to the instant-blogging platform Twitter to create The Media Is Dying, a Twitter feed that documents media hirings and firings in one-sentence bursts of text. “These sorts of layoffs are unheard-of,” said the stream’s founder, who spoke on the condition of anonymity to preserve his sources in the industry. “It’s gotten insane to keep up with who was moving around […]

DUCK: Iraqi Journalist Hurls Shoes At Bush’s Head

Shoe-Hurling Iraqi Becomes a Folk Hero UPDATE: BAGHDAD — An Iraqi journalist who hurled his shoes at President Bush and called him a dog became a huge celebrity in the Arab world and beyond on Monday, with many supporters exalting him for what they called a courageous act in the face of American arrogance about the war. MORE CNN: An Iraqi television journalist hurled two shoes at President Bush on Sunday during a joint news conference Bush was holding with Iraqi Prime Minister Nouri al Maliki to mark the signing of a U.S.-Iraq security agreement. Bush had just finished his […]

TRAGIC: Bettie Page Is Dead

LOS ANGELES TIMES: Bettie Page, the brunet pinup queen with a shoulder-length pageboy hairdo and kitschy bangs whose saucy photos helped usher in the sexual revolution of the 1960s, has died. She was 85. Page, whose later life was marked by depression, violent mood swings and several years in a state mental institution, died Thursday night at Kindred Hospital in Los Angeles, where she had been on life support since suffering a heart attack Dec. 2, according to her agent, Mark Roesler. A cult figure, Page was most famous for the estimated 20,000 4-by-5-inch black-and-white glossy photographs taken by amateur […]

THE EARLY WORD: Let Them Eat Rock

Philabundance is the region’s largest hunger relief organization and works to end hunger and malnutrition in the Delaware Valley by acquiring food and distributing it through organizations serving people in need. *** NEIL YOUNG: After The Gold Rush RELATED: Tix Still Available For Neil Young + Wilco Friday At The Spectrum PREVIOUSLY: Q&A With Wilco Keyboardist Mikael Jorgensen *** BIZJOURNAL: Comcast Corp. said Thursday it launched a faster Internet service that will double the speed for most of its existing customers by early 2009. The Philadelphia-based telecommunications giant will roll out the so-called “wideband” service to residential and business customers […]

PAPERBOY: Special ‘UFO Nutter Buddy’ Edition

BY DAVE ALLEN Like time, news waits for no man. Keeping up with the funny papers has always been an all-day job, even in the pre-Internets era. These days, however, it’s a two-man job. That’s right, these days you need someone to do your reading for you, or risk falling hopelessly behind and, as a result, increasing your chances of dying lonely and somewhat bitter. That’s why every week, PAPERBOY does your alt-weekly reading for you. We pore over those time-consuming cover stories and give you the takeaway, suss out the cover art, warn you off the ink-wasters and steer […]

NPR FOR THE DEAF: We Hear It Even When You Can’t

FRESH AIR Philip Seymour Hoffman stars opposite Meryl Streep in Doubt, a new film based on the Pulitzer Prize-winning play. His character, a young and charismatic priest, provokes a nun’s suspicion for his special attention to their Bronx-based school’s only black student. Hoffman, a popular and versatile character actor, most recently starred in Synecdoche, New York. His other films include Capote, for which he received an Oscar for Best Actor, and the Coen brothers cult-classic The Big Lebowski. ALSO, In 1977, historian James Reston Jr. helped prepare journalist David Frost for a series of interviews with Richard Nixon that resulted […]

PHOTO OP: You Oughta Be In Pictures

INQUIRER: This weekend, fans can not only gawk at the first Phillies World Series trophy in 28 years — and only the team’s second ever — but they can get their pictures taken next to it. For free. “Phanta Claus” — who looks suspiciously like the Phanatic in a Santa suit — will also pose with fans. The photo ops are part of the annual Holiday Sale at the Majestic Clubhouse Store at Citizens Bank Park. Fans can even park for free. Head for Lot S, off Pattison Avenue, and be sure to mention the holiday sale. Saturday’s hoopla will […]

NEWS CLUES: Like A Private Bodyguard Of The Truth

Blackwater Guards Surrender On Manslaughter Charges Five private security guards working for the American firm Blackwater fired machine guns and grenade launchers against unarmed Iraqi civilians, some who had their hands up, US prosecution lawyers said today. The five face 14 counts of manslaughter and 20 counts of attempted manslaughter, lawyers announced, following last year’s shooting which killed 17 Iraqis. They are also charged with using a machine gun to commit a crime of violence, a charge that carries a 30-year minimum sentence. The five guards surrendered today and were due to ask a federal judge for bail. A sixth […]

HOT DOC: Yes, We Have No Bananas

Partners, We just announced that Tribune is restructuring its debt under Chapter 11 protection. I’m sure you saw the speculative coverage last night and this morning. I would have preferred everyone get the news from me first, but since our debt is publicly traded, we had to keep this decision confidential until we had a formal board decision. The Cubs franchise is not part of the filing. Most importantly, I want to stress that we will continue to operate our business as usual. That includes meeting payroll and covering benefits (such as healthcare, disability and others), and paying vendors for […]

PRINT DEATH WATCH: Chicago Tribune On the Verge

NEW YORK TIMES: Tribune has hired bankruptcy advisers as the ailing newspaper company faces a potential bankruptcy filing, people briefed on the matter said. The newspaper, which was taken private last year by billionaire investor Samuel Zell, has hired advisers including Lazard and Sidley Austin, one of its longtime law firms, these people said. Tribune has been hobbled by debt related to that sale last year, which has been compounded by the growing drought of advertising for newspapers. While Tribune must contend with hefty interest payments over the next year, its most pressing problem is a maintenance covenant on some […]