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.