I still believe that if your aim is to change the world journalism is a more immediate short-term weapon.

A couple of months ago I was down in Florida for the Food and Wine Festival. And this journalist grabbed me and said 'How does it feel to be a TV guy? You're no longer in the restaurant business.' And I laughed. I asked him 'How long do you think it takes me to do a season?' He said 'Well 200 days.' And I was like '200 days? Try 20!'

I became a larger than life figure for one reason only. When you're quoted in the 'Wall Street Journal ' the 'New York Times ' constantly as the expert in the business people assume you're a lot bigger than you are. And then I had to run like hell to catch up with my own image.

The best discussion of trouble in boardroom and business office is found in newspapers' own financial pages and speeches by journalists in management jobs.

There is a growing literature about the multitude of journalism's problems but most of it is concerned with the editorial side of the business possibly because most people competent to write about journalism are not comfortable writing about finance.

Except for politics no business is scrutinized more exhaustively than journalism.

I have no business being a journalist. I'm the least I'm the least - I'm the most trusting I absolutely make a habit of believing anything that anybody tells me about themselves. I've never had any reason in the world to think that anyone has wanted to harm me or lie to me. I believe whatever is being sold most of the time.

Selling public property is the true Chicago way. Had Mr. Obama not been elected president the nation's business journals would be falling over one another to praise his city for its daring market-friendly innovations.

Many people would no more think of entering journalism than the sewage business - which at least does us all some good.

In almost every profession - whether it's law or journalism finance or medicine or academia or running a small business - people rely on confidential communications to do their jobs. We count on the space of trust that confidentiality provides. When someone breaches that trust we are all worse off for it.