A fascinating look at how U. S. newspapers got to where they are, by Paul Steiger who spent 26 of his 41 years in journalism at the Wall Street Journal. Thursday is his final day at WSJ.

“Next week I move over to a nonprofit called Pro Publica as president and editor-in-chief. When fully staffed, we will be a team of 24 journalists dedicated to reporting on abuses of power by anyone with power: government, business, unions, universities, school systems, doctors, hospitals, lawyers, courts, nonprofits, media. We’ll publish through our Web site and also possibly through newspapers, magazines or TV programs, offering our material free if they provide wide distribution.

Pro Publica is the brainchild of San Francisco entrepreneurs-turned-philanthropists Herbert and Marion Sandler, who along with some other donors are providing $10 million a year in funding.

The idea is that we, along with others of similar bent, can in some modest way make up for some of the loss in investigative-reporting resources that results from the collapse of metro newspapers’ business model.”