April 30, 2008 2:34
Everybody in Alabama will eventually go to jail
So they let my old friend Don Siegelman out last month. But now the Bond Buyer reports (thanks to Mrs. CC for the tip; link only works if you have a subscription, and it's highly unlikely that you do) that:
The Securities and Exchange Commission today filed securities fraud charges against Birmingham Mayor Larry Langford, Alabama bond dealer William Blount, and lobbyist Albert LaPierre in connection with undisclosed payments to Langford linked to Jefferson County, Ala., municipal bond and swap deals.
I don't think this one's Karl Rove's doing, though. And apropos of my earlier post about metro daily papers and the Internet, the Bond Buyer posted the story at 1:58 p.m. As of 2:34 p.m., my beloved former employer The Birmingham News did not yet have the news up on its site homepage.
Update: 2:51 p.m., and still nothing at The News.
Update: Now I found it! Pulitzer-Prize-winner Brett Blackledge posted the news at 12:24 on the News' Breaking News blog. But the numbnuts who run the website make no mention of it either on the News' homepage or on the al.com web page. So the point still stands; it just wasn't the reporter's fault.
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Justin Fox is TIME's business and economics columnist. This is his blog. About the Authors
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Reader Comments (5)
Here's a free link:
http://www.gulflive.com/newsflash/regional/index.ssf?/base/news-35/1209577164151590.xml&storylist=alabamanews
Posted by Crust
|
April 30, 2008 2:56 PM
Aha. So Jay Reeves at the AP was all over it, well before the Bond Buyer. Way to go, Jay. But I cannot for the life of me find the story on the News or its umbrella site al.com, even though it's affiliated (they're both Newhouse enteprises) with gulflive.com.
Posted by Justin Fox | April 30, 2008 3:04 PM
Oh, so the News did have it first (see update above). They just chose not to publicize it.
Posted by Justin Fox | April 30, 2008 3:13 PM
Justin,
It's a shame you are not here in Birmingham to cover this story. You would be having a ball.
Posted by Joe Bar | April 30, 2008 10:15 PM
Hmmm, I guess I could come down and write a column ...
Posted by Justin Fox | May 1, 2008 12:07 PM