But Ashcroft insisted that cooperation between the UK and the US was a model of how the battle against terrorism should be fought.

CNN: Ashcroft in Spain suspect talks

"I'm sure the governor is going to continue the battle of making the ethics in Albany so good that we become the model for the country rather than one of the laughing stocks in the country, " Mr. Bloomberg said.

WSJ: Assemblyman Is Charged With Bribery

But consider this: Even if the startup craters, the old cash cow's profit model will have been torched beyond recognition in the battle.

FORBES: Digital Rules

The Second Circuit Court of Appeals today refused to issue an injunction against the streaming-TV service Aereo, intensifying the legal battle between the Barry Diller-financed startup and broadcasters who face a serious new technological challenge to their business model.

FORBES: Barry Diller's Aereo Streaming-TV Service Wins Big Ruling Against Broadcasters