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Deep Tube. It never arrived. After consulting his wife Lee and his lawyer Joseph Califano-the only people to whom Schorr identified his Deep Tube, he handed his resignation to CBS News President Richard S. Salant. Schorr was afraid that CBS would keep him on until the memory of his ethics committee performance had faded and then quietly fire him. He also thought that he would not be able to fit in easily again at the CBS Washington bureau. "I would doubt my ability to function effectively if reinstated," explained Schorr, who first joined the CBS News staff 23 years...

Author: /time Magazine | Title: The Press: Schorr Signs Off | 10/11/1976 | See Source »

Television has no duty to make a convention more interesting than it really is, Eric Sevareid philosophized on the air one dull evening last week. His boss, Dick Salant, president of CBS News, had already said precisely that in his instructions to CBS's sizable army of anchor men, cameramen, and floor reporters wearing pointy-headed antennas. Good professional counsel by both men, but hardly how the networks, in their commercial heart of hearts, felt about...

Author: /time Magazine | Title: NEWSWATCH: The Pushy Guest in the Hall Takes Over | 7/26/1976 | See Source »

...what they do. They hope to see network news shows extended to a full hour. Perhaps they should relax a little: in four minutes a night, they are not going to make anyone knowledgeable in Keynesian economics. All forms of journalism have their own point of satiety. Richard Salant, president of CBS News, says that Cronkite "has often said, but never meant" that he longs to end a broadcast by saying, "For further details, read your morning newspaper." Why shouldn't Cronkite mean it? For, of course, no one can hope to be well-informed from television news alone...

Author: /time Magazine | Title: NEWSWATCH by Thomas Griffith: Happy Is Bad, but Heavy Isn't Good | 5/17/1976 | See Source »

That thought troubles quite a few TV news executives. "A good journalist is worth more than a baseball player or a rock star, but I'm worried about where it's going," says CBS News President Richard Salant. "A million dollars is a grotesque amount of money." Frets a top NBC executive: "We're going to have a contagion of on-camera personalities asking for more money...

Author: /time Magazine | Title: The Press: Will the Morning Star Shine at Night? | 5/3/1976 | See Source »

...between California school-building securities and San Jose city notes, and $326,560 in stocks, at market value. Among them were investments in two bank holding companies, $132,000 in Continental Illinois Corp. of Chicago and $111,000 in First Union, Inc. of St. Louis, and $42,432 in Salant Corp., a New York-based clothing manufacturer...

Author: /time Magazine | Title: The Nation: How Ford Won and Reagan Lost | 3/8/1976 | See Source »

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