What Spitzer may be waiting for

The New York Times reports that Eliot Spitzer won’t resign as governor of New York today. Why would he prolong the agony? Here’s a guess: When investigating corruption involving public officials, the feds sometimes consider it a victory if they can merely force an elected official out of office.

If I recall correctly, former Massachusetts House Speaker Charles Flaherty’s resignation from office was part of the agreement he worked out with federal prosecutors. Spitzer knows that once he’s stepped down, he’s lost all his leverage. Better to negotiate from a position of — well, you couldn’t exactly call it strength at this point. But at least he’s still got something to barter away.

Not worth enough to sell?

This hurts. According to Silicon Valley Insider, New York Times Co. chief financial officer James Follo says the company would like to sell the Boston Globe — except that, at the moment, it isn’t worth enough to put it on the block. Michael Learmonth writes:

In a presentation to the Bear Strearns [sic] media conference in Palm Beach, Fla., Follo singled out the Boston Globe as an underperforming asset that could be sold off, but that recent newspaper valuations made that unlikely in the near-term. Similarly, [Times Co. CEO Janet] Robinson said The Times’ local papers could also be sold, but that similar newspaper groups have not sold at a high multiple, so the Times is more likely to hold on to them, for now.

It’s not encouraging to realize that Times Co. executives think of Boston’s paper of record as something they’re stuck with. But there you have it. One silver lining: Follo apparently thinks things will improve at some point. (Thanks to Media Nation reader B.D.)

Why Spitzer has to go

Alan Dershowitz explains in today’s New York Times:

“Men go to prostitutes — big deal, that’s not a story in most parts of the world,” Mr. Dershowitz said.

But he also said he had been surprised when Mr. Spitzer prosecuted a prostitution ring in 2004.

“I always thought he was somebody who would come down on crimes with real victims,” Mr. Dershowitz said. “Prostitutes aren’t victims — they’re getting paid a thousand dollars an hour, and the johns aren’t victims. What upset me the most was that they wiretapped thousands of e-mails and phone calls. In an age when terrorism needs to be stopped, they’re devoting these kinds of resources to a prostitution ring?”

Here is the Times account of that 2004 bust — 18 people arrested thanks to Spitzer’s efforts, apparently for doing nothing worse than what Spitzer appears to have done. I couldn’t find any follow-up stories. Does anyone know if any of them went to prison?

Citizen journalism (?) and Spitzer

The ever-classy New York Post is letting its readers write headlines for the Eliot Spitzer story. A sampling:

  • HYPO-QUIT!!!!
  • The “Emperor” Has No Clothes!
  • ELIOT MESS!
  • Love Potion for Client #9

Those last two aren’t bad. But I’ll bet the Post itself comes up with something better for tomorrow’s edition.

Bailey, Donovan and Larkin to leave Globe

The big news out of the Boston Globe today is that star columnist Steve Bailey is leaving the paper. Bailey — along with executive editor Helen Donovan and deputy managing editor Michael Larkin — are taking early-retirement incentives as the Globe goes through another round of downsizing.

The Phoenix’s Adam Reilly has a long memo from editor Marty Baron, who comes across as wistful and nostalgic. Uncharacteristic, but perhaps unsurprising. He’ll have been in charge seven years this summer. And though he’s had his share of triumphs, his regime has been marked by repeated orders from the New York Times Co. to cut. (Not that that makes the Globe different from any other paper.)

Insiders may feel the loss of Donovan and Larkin just as keenly as they do Bailey’s departure. But to readers of the paper, Bailey’s “Downtown” column has long been a highlight. Not the most graceful writer in the world, Bailey nevertheless is a relentless reporter who consistently breaks news. His voice comes pretty close to being irreplaceable.

“I was reflecting the other day on Steve’s career here,” Baron writes. “And it got me to thinking about how a single journalist can make such an enormous difference at a newspaper and in a community. Certainly, that is true of Steve, and it is true of all whose departures or new assignments are being announced today.”

Moving up are Caleb Solomon, who’ll be managing editor for news; Helen Ellen Clegg (I knew that; jeez), deputy managing editor for news operations; and Mark Morrow, deputy managing editor for Sunday and projects, all of whom will be doing more with less. As Baron puts it, “With these changes, we will be reducing the overall number of senior editors, just as we are reducing the total number of newsroom employees.”

Legislator says casino bill is dead

Tim Faulkner of GateHouse News Service has an interview with state Rep. David Flynn, D-Bridgewater, who says Gov. Deval Patrick’s three-casino proposal won’t even come up for a vote. Faulkner writes:

“The casino bill isn’t going anywhere,” Flynn said. “I find very little support for it from members of the house.”…

The casino bill, he said, will receive an “adverse ruling,” thus blocking a vote on the bill….

Flynn said Rep. Daniel Bosley, D-North Adams, head of the Economic Development Committee “will issue an adverse report, preventing the house from voting on the casino bill.”

Flynn has been pushing a “racino” bill, which would allow 2,500 slot machines at the state’s four racetracks. He claims Bosley will allow a vote on that bill. I hope it’s defeated.

On the larger issue, though, this is very good news indeed. Bosley and House Speaker Sal DiMasi have been signaling for months that, at some point, they would act to kill Patrick’s proposal. If Flynn’s information is solid, then it looks like that time has arrived.

The past was prologue

It’s amazing the way the media have gone from “Obama can do no wrong” to “Obama can do nothing right” following his defeats in Texas and Ohio last week.

The subject deserves a longer essay with links, but for the moment let me make a brief observation. After Super Tuesday, most political observers conceded that Clinton might lose every state until March 4, when Texas and Ohio would bail her out. That’s exactly what happened. Save for a brief, within-the-margin-of-error blip in Texas during the last week of February, she never relinquished her lead in either state.

What happened in Texas and Ohio wasn’t a reversal of fortune, a comeback, or “buyer’s remorse” on the part of Democrats having second thoughts about Obama. It was about Clinton winning two states she had always led in. (And Rhode Island made three.)

A number of observers have rightly called this the “anti-momentum” campaign. But the media, continually getting caught up in the moment, lose sight of that. Over and over.