"Another freaking Clear Channel Communications executive on the payroll and this one's been named President of Tribune Interactive," announces a press release from Sam Zell's Tribune Co. . And it gets ZANIER from there!

"This (hire) takes the cake. Last December, Zell hired (Randy) Michaels — who helped Zell to build Clear Channel into a radio behemoth that he could then sell — to oversee Tribune's broadcast and Internet divisions. It is obvious Michaels has lost his mind with this hire. [...] The company is also becoming known for its sense of humor and for not taking itself or the industries in which it operates too seriously." [E&P]