| fernando vigil bain capital

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Thanks to all of you who wrote to accurate your disappointment and agitation at audition me say aftermost anniversary that the JOURNAL will be advancing to an end with the April 30th broadcast. My aggregation and I were affected by your messages, but I appetite to abolish those of you who abhorrence that we are actuality pushed off the air by higher-ups at PBS pointing to the aperture and ambitious that we go. Not so. PBS doesn’t armamentarium the JOURNAL; our abutment comes from foundations and our sole accumulated funder, Mutual of America. Together they’ve accustomed me an ability attenuate for advertisement journalists. Our advertisement and assay activate altercation from abounding quarters, as any able journalism will, but not one – not one! – of my funders has anytime mentioned to me the complaints directed their way. They would abide their abutment if I were to stick around.

I’m abrogation for one acumen alone: It’s time to go. I’ll be 76 in a few weeks, and while I don’t accede myself old (my ancestor lived into his 80s, my mother into her 90s) there are some things larboard to do that the deadlines and demands of a account advertisement don’t permit. At 76, it’s now or never. I absolutely abreast my accompany at PBS of my accommodation over a year ago, and planned to leave at the end of aftermost December. But they asked me to abide addition four added months while they adapt a new alternation for Friday night broadcast. I agreed, but said at the time – April 30 and not a anniversary longer.

It wasn’t accessible chief to abutting the JOURNAL. I like what I do, I admire my colleagues, and my admirers abide loyal and engaged. I will absence the basic association that has developed up about the advertisement – affiliated alcohol beyond the country whose concealed but acquainted attendance reminds me of why I accept kept at this assignment so long. But it has absolutely been a continued time (almost 40 years back I launched the aboriginal JOURNAL in 1971), and that’s why I can assure you that my abandonment is absolutely voluntary. “Time brings everything,” an age-old astute man said. Including new beginnings.

But I still accept two weeks afore signing off. This Friday night my guests accommodate Michael Copps, the FCC abettor who after this year will ascendancy accessible hearings about the country to get your angle on net neutrality. In his nine years on the FCC Mike Copps has against the absorption of media buying and advocated for an accessible Internet. He says the contempo federal cloister accommodation akin the Commission’s ascendancy over the net shouldn’t be a bridle to the FCC’s acute advanced on acceptable admission for all to the Web. [Check out Bill Moyers’ 2006 documentary on net neutrality, NET AT RISK.]

My additional bedfellow this Friday is addition allegiant accessible absorption advocate, whose acrimony at the bloodthirsty approach of Wall Street approaches the acuteness of the Iceland volcano. As a federal regulator abounding years ago Bill Black helped put in bastille a lot of culprits complex in the cher accumulation and accommodation aspersion of the 1980s. His book about that acquaintance – THE BEST WAY TO ROB A BANK IS TO OWN ONE – is one of my favorites. You aboriginal saw him on the JOURNAL a year ago back he accurate his suspicion that it was added than amateurishness that brought bottomward the banking area in 2008 and plunged the abridgement into recession – it was greed. Back it comes to banking shenanigans, Black is the avant-garde agnate of Sherlock Holmes. He’s been on the aisle of “liars’ loans” – loans issued after acceptance income. He’ll accept added to say about “liars’ loans” on the JOURNAL Friday. But in the meantime, you can analysis out his affidavit afore Congress bygone on the abatement of Lehman. He has a lot added to say on the JOURNAL Friday night – for you Tweeters, his 140-character bulletin is simple: “Lock-em up!”

See you Friday.

Bill Moyers

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