The Quad-City Times' management, most especially the disgraced editors, get to evaluate whether their decision to smear local appraiser Mark Nelson was worth what it has cost them -- the last vestige of credibility they had in the community as reliable news providers. In what it tried to pass as a news story in its print edition on Tuesday, March 3, the Times disparaged Nelson with myriad unsubstantiated claims about an alleged cover letter he sent with an appraisal that discouraged Royal Banks of Missouri from approving a loan to Amy and Amrit Gill of Restoration St. Louis for the redevelopment of the Blackhawk Hotel as a boutique hotel.

Editor's note: This letter was submitted in response to the article "Blackhawk Hotel project threatened by critical report," by Tory Brecht.

An open letter to Quad-City Times readers and fellow Lee Enterprises shareholders.

Tory, I read your article with some degree of skepticism this morning. On March 10, Lee Enterprises, the owner of this newspaper, has their annual shareholder meeting; in the past year their stock has tumbled from almost $20 per share to 24 cents at the low. (38 cents as I write this.) I am not only a subscriber but a shareholder. Apparently the newspaper industry and now you have been oblivious to the traction radio commentator Rush Limbaugh has gotten with his "Drive-by Media" characterization. It is sticking no matter how you folks in the media protest. And it is sticking because you allow your personal opinions and the opinions of the editors to creep into your reporting. The only thing you folks have to offer is credibility, and unfortunately your piece in today's "noospaper," as Bill Wundrum frequently refers, does little to lend credibility to this newspaper or you as a reporter.