OLD Media Moves

Maven: Where is history in Case story?

March 15, 2007

Posted by Chris Roush

TheStreet.com’s Marek Fuchs, who goes by the moniker Business Press Maven, wants to know why BusinessWeek’s recent story on former AOL chief Steve Case ignored his past history.

Marek FuchsFuchs wrote, “The excitable boys and girls at Business Week ran with this headline: ‘Steve Case Takes on the Credit Card Giants: His new GratisCard slashes fees via net-based transactions. But can he wrest market share from the like of Citigroup, JP Morgan and Bank of America?’

“You hear that? Steve Case is taking on! He’s wresting! (That’s not resting, mind you, but wresting!) If financial firms are not killed off by the subprime exposure they don’t have much of, Case will do the trick.

“Where have I heard this before?

“Oh yeah, with Case’s move to remake health care, mentioned in a quick and vapid sentence in the Business Week story. At the time of the announcement, that move was greeted with headlines about him taking on and wresting (not resting) all sorts of things from the health care companies.”

Read more here.

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