What do a pair of billionaire philanthropists do when they've got plenty of time and ambition on their hands? For Herb and Marion Sandler, the obvious answer is fund an investigative journalism outfit. They're sinking millions – which they've got from the sale of their enormous banking company Golden West, of which they pocketed $2.4 billion – into ProPublica, an enterprising project helmed by former Wall Street Journal managing editor Paul Steiger that will employ hard-nosed muckrakers who do all the legwork, then hand off their reports, gratis, to news organizations who want them. This will let the news gathering teams at NBC and CBS focus on more worthwhile projects, like reporting on Britney Spears' use of public toilets.