This is quite a story, New York Post’s gossip columnist Jared Paul Stern has been suspended and accused of extortion. He is accused of “demanding an initial $100,000 payment from the investor Ron Burkle, one of the richest men in the world, followed by an annual $10,000 stipend” in order to protect him from negative publicity. Or as Jeff Jarvis puts it, “snark-protection”.
Bonus link: check out the photo of Stern here. It’s a man’s bag…