I just posted then deleted an entry saying the Chicago Tribune had scooped its rival, the Chicago Sun-Times, on the story of the Sun-Times' filing for Chapter 11.
"Chicago Sun-Times files for bankruptcy," blares the Trib's headline. (The Trib can afford to be only so triumphant, being in Chapter 11 itself and all.)
I had to do a keyword search to find the story on the Sun-Times site. Buried in a tiny box under a huge banner add and a feature story about the plight of two-income families (as opposed to two-paper towns) was this whimpering, simpering "Letter to Readers," headlined, "Sun-Times parent company files for bankruptcy."
Oh, just the parent company? Well, never mind, then.
Newspapers don't have any credibility anymore for the same reason so few institutions don't have any credibility anymore: Most modern organizations—from newspapers to banks—are run on fear and greed rather confidence and pride.
And it shows, every day, in every way.
Tell me I'm wrong.