Alec Hogg: The seven cornerstones of BizNews

The inspiration for the BizNews credo came from Eugene Meyer (above), former US Federal Reserve chairman, who bought the Washington Post in June 1933.

Meyer was new to media but had firm views on what was needed to establish a credible, non-partisan voice. His seven principles guided the failing newspaper which he bought on auction for $815,000 from Washington's #5 to one of the beacons of global media.

Meyer is the father of my publishing hero, the late Katherine Graham – a deeply principled owner who risked all when backing her reporters Woodward and Bernstein who exposed and forced the resignation of Richard Nixon, then the most powerful man in the world.

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