The Power and the Money: Inside the Wall Street Journal

Over five million of the wealthiest and most influential people in the country begin each weekday reading the Wall Street Journal. Those devoted readers, and millions of others, will be shocked by the revelations in The Power and the Money. After five decades of unrivaled business and editorial success, the Journal and its owners, Dow Jones & Company, Inc., now face grave problems.

If the Journal were ever to turn its vaunted investigative reporting skills on itself, the resulting story would show how sinking earnings and a sullied editorial reputation were caused by the flawed judgement of two men: Warren Phillips, the just-retired CEO of Dow Jones, and his successor, Peter Kann, the Harvard-educated Pulitzer Prize winner.