NEWSWATCH: Kay Graham and the Haldeman Snafu

The trickiest ethical decision in journalism so far this year might have been taken, but wasn't, by Kay Graham, chairman of the Washington Post Co. Her Newsweek had the legal rights to the H.R. Haldeman book. Her Washington Post had got hold of a copy and wanted to scoop everybody. What was she to do?

Imagine the dialogue in her office. With expletives deleted and angry words softened, it might have gone like this:

Ben Bradlee (aggressive editor of the Post): We got the story. It's news. We're going with it.

Ed Kosner (aggressive...

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