The Weekend Fin's tally sheet. According to today's riveting Media Diary, Fin editor-in-chief Michael Stutchbury is being edged out by young bright thing Matthew Drummond, editor of the weekend edition, who apparently has the ear of Business Media chief Sean Aylmer. The Oz also claims the Weekend Fin hasn't broken a yarn in a year, which Stutch wasn't happy about this morning.
"Its ridiculous and untrue," he told Crikey in an email, before taking us through some of the yarns the paper's broken in the past three weeks. These included the scoop that politically influential seniors' groups were strongly opposing Arthur Sinodinos' FOFA changes (two days later the new minister put the changes on hold), the March figures that showed that house prices were rising again after a brief pause ("The Financial Review has led the national debate on this, ever since the paper splashed our page one story on the housing price risk in Australia when the RBA cut its cash rate to a record low 2.5%"), and this Saturday's splash, which was about superannuation funds complaining that high-frequency trading was skimming close to $2 billion a year from investors ("As we exclusively report this morning, this issue prompted ASIC to threaten to introduce clamps on super-fast computer trades").