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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (52408)	6/8/1999 7:38:00 PM
From: Neocon	Read Replies (1) \| Respond to of 67261

Betty, I have made a first stab at the CSCO thread, but it is a slog...:-)...

To: MulhollandDrive who wrote (52408)	6/8/1999 8:30:00 PM
From: Justin C	Read Replies (2) \| Respond to of 67261

bp, Lou Dobbs was da man . . . CNN financial anchor Lou Dobbs resigns By Steve James NEW YORK, June 8 (Reuters) - CNN financial anchor Lou Dobbs, one of the most widely recognized business journalists on television, resigned Tuesday to start up an Internet company after 19 years with the cable network. Dobbs, who joined CNN at its inception in 1980, will leave to start news website www.space.com, effective on June 11, CNN said. The $1 million-a-year host of the evening showcase ''Moneyline News Hour with Lou Dobbs,'' president of CNNfn and also executive vice president of Time Warner-owned CNN, recently had a falling out with CNN President Rick Kaplan. Their feud became public last month when Kaplan ordered technicians to cut away from a ''Moneyline'' show in progress to cover a President Clinton news conference in Littleton, Colorado. ''CNN President Rick Kaplan wants us to return to Littleton,'' said Dobbs, in an unusual on-air remark. A day later, Kaplan's deputy issued a memo saying CNN executive producers had authority to break into ''Moneyline'' for live or breaking news. But later, a second memo said the CNN producer should consult with ''Moneyline'' executives before breaking away. David Bohrman, executive vice president of CNNfn, will continue to oversee the CNNfn network and Jeff Gralnick will continue as the executive in charge of Moneyline News Hour and other financial news programming, CNN said in a statement. Both executives will report to Tom Johnson, chairman, president and chief executive of CNN News Group. Willow Bay, co-host of ''CNN & Fortune'' and ''CNN & Entertainment Weekly,'' and others from CNN will serve as interim anchors for Moneyline, CNN said in a statement. Dobbs will aid in the start up of Space.com, an Internet site (http://www.Space.com) for news, entertainment and educational content on space. The Harvard-educated Dobbs, 53, is no stranger to controversy at CNN. In 1992 he was ''strongly reprimanded'' for moonlighting for Wall Street companies, earning thousands of dollars for appearing in videos to promote financial products to clients. Dobbs apologized for his poor judgment. Two years ago, Dobbs threatened to leave his powerful anchor's job unless CNN expanded its sister channel CNNfn, which was launched in December 1995 and competes head-to-head with CNBC. He relented after CNN agreed to expand the business channel to 18 hours of broadcasts a day, from 14 hours. A year ago, ''Moneyline'' -- one of television's most profitable shows because of its affluent viewership -- was expanded to one hour from 30 minutes to compete with the broadcast networks' evening news shows. The switch paid off with a 25 percent jump in ratings, CNN said. Dobbs has been responsible for developing CNN's financial division, which produces 25 programs and nearly 400 updates a week, accounting for nearly 15 percent of programming for CNN and CNN International and the Web Site CNNfn.com. In 1990, he was awarded the Luminary Award by the Business Journalism Review for ''visionary work which changed the landscape of business journalism in the 1980s.'' He grew up in rural Rupert, Idaho, where he worked as a farmhand in his youth. He won a scholarship to Harvard and graduated with an economics degree. He entered journalism as a fire and police reporter in Yuma, Arizona and then worked as a financial reporter for Seattle's KING-TV. There he caught the eye of Ted Turner who hired him for CNN in 1980. 19:50 06-08-99 Copyright 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. All active hyperlinks have been inserted by AOL.