From the WSJ (h/t to Romenesko): “For Michael Precker, that loss of status wasn’t as grim as the fear of it. A veteran foreign correspondent and editor for the Dallas Morning News, Mr. Precker took a buyout in 2006 and now manages a high-end strip club. ‘I really wondered how it would feel to sever that link — Michael Precker of the Dallas Morning News,’ he says. ‘But it has been easier than I thought. I feel lucky.’