Fairfax journalists across the Ditch are running around like proverbially Chicken Little’s proclaiming the sky is falling in, because mining heiress Gina Rinehart, the world’s richest woman has bought almost 19 percent of their rickety-rackety company and is demanding not only the Deputy-Chairman’s position but also three seats on the board.
But if you read those in the know (e.g. those who have worked or are working in Fairfax’s newsrooms) Fairfax Australia’s problems began well before Big Bad Gina, the shoot-‘em-up-miner, lumbered into view.
And it’s a salutary lesson in the pious pursuit of Serious Journalism.
