These Bancrofts, thirty-odd descendants of the gargantuan Bostonian Clarence Walker Barron, who bought the paper in 1902, include bankers and writers and equestrians. The more senior among them, it is assumed, detest Rupert Murdoch, just as their parents must have bridled at the former Journal editor Norman Pearlstine's marriage to
Nancy Friday, a flamboyant author of
sex studies. "But they don't have 'fuck-you
money' anymore," a former reporter said of the Bancrofts. "They're
nice and
rich, but not ungodly so. It matters to the younger generation."
-McGrath, Ben. "News About News." New Yorker. 14 May 2007: 47-48.