DJ: playing financier

Everybody likes to play financier - even financial journalists, it seems. The Independent Association of Publishers’ Employees, a union whose members include Wall Street Journal staff, is trying to drum up support for a bid to rival mogul Rupert Murdoch’s $5bn offer for the paper’s parent, Dow Jones. It’s not clear what this crew has planned. But the hiring of Ownership Associates, an advisory firm that specialises in employee stock ownership plans (ESOP) suggests they may try to mimic Sam Zell’...