RATHERGATE UPDATE: Here’s the speech Les Moonves ought to give. Also, articles on bloggers and Big Media in the International Herald Tribune, the Sydney Morning Herald, and Wired News. All of them mention pajamas, but the Wired News article by Adam Penenberg has the best bit: “My first thought was if bloggers had no credibility then why was this guy on my television, defending CBS?”

UPDATE: More here: “I’m glad Dan Rather has apologized. But I’d rather he would explain.”

I’d be happy if he would resign. Meanwhile, Charles Paul Freund says that CBS and Rather are acting like politicians, not journalists. He observes:

The continued wellbeing of establishment journalism requires trust. That trust is exactly what CBS’ bizarre behavior has been undermining.

Yes.