Rich people like owning newspapers. Carlos Slim, Mexican telecoms gazillionaire, has put more money into the New York Times, and Alexander Lebedev, the wealthy Russian, has bought the London Evening Standard. Nice piece in the Economist looking at this and the problems at various US newspapers. Is this the worst fate that can face newspapers – being owned by rich people? Rich foreigners? Rich foreign former intelligence officers? I suspect a few British intelligence officers wish they had done well enough to own newspapers of their own; perhaps a few have done.