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Diverted Funds. In a racket-infested, violent industry, maverick Overdrive (circ. 56,000) speaks with high-tonnage authority. The chief author of the exposes is Jim Drinkhall, 35, the magazine's top investigative reporter, who specializes in the Teamsters' infamous and huge Central States $1.5 to $2 billion pension fund. Drinkhall roused a federal investigation in 1973 with articles showing that a $1.4 million Teamsters pension-fund loan, ostensibly given to a plastics company in New Mexico, was really used primarily to finance the Chicago syndicate's purchase of wiretapping equipment. He also revealed that the Tonight...
...Federal Communications Commission will make a long-awaited ruling that could turn Washington, D.C., into a one-newspaper town. The agency is expected to decide whether or not Texas Multimillionaire Joe L. Allbritton, who bought a controlling interest in the stuffy, money-losing Washington Star (circ. 370,000) last fall, can also acquire the parent company's six moneymaking radio and television stations as well. The FCC has a rule against perpetuating such local monopolies when ownership changes hands, but Allbritton has pleaded for a waiver, saying that he needs profits from the stations to keep the paper alive...
...test its cross-ownership rule, but the Star is, to put it mildly, a special case. For one thing, the paper is the capital's only alternative to the fat, influential and steadfastly liberal Washington Post (circ. 536,000). For another, the Star is in the middle of a remarkable transformation. Allbritton, 50, took over the paper last September with a $5 million payment to descendants of the Adams, Kauffmann and Noyes families that have owned it since 1867, plus a $5 million loan to the paper. He brought in James Bellows, 52, the highly regarded former editor...
...scabs themselves are in revolt. The problem is that Hearst continues to pay staff members even less than smaller local papers do, an issue that drove the Guild to strike in the first place. Thus a reporter who earns $229 a week on the Her aid-Examiner (circ. 419,000) could make $298 a week on the nearby Long Beach Independent and Press-Telegram (combined circ. 151,000). The strikebreakers are not permitted to join the Guild as long as the original strike continues, so this year they petitioned the National Labor Relations Board to have their own group, Employees...
Whenever Bernard Cabanes, 41, editor in chief of Agence France Presse, would run into Bernard Cabanes, 51, editor of the lowbrow morning daily, Le Parisien Libéré (circ. 800,000), the two identically named journalists would trade mistaken-identity stories-like the time in 1963 when police in Algeria arrested one of them for criticizing the government in print, when they really wanted the other. Last week the Bernard Cabanes who headed the news agency was buried. He was the victim of French journalism's bloodiest labor dispute in decades-and, once again, of mistaken identity...