Bill Keller, executive editor of the New York Times, was asked by Market Watch's Jon Friedman if ex-LAT editor Dean Baquet would be returning to the NYT. Friedman writes: "Lately, Times employees have been speculating that former Los Angeles Times Editor Dean Baquet, who had originally distinguished himself at the New York Times, would be returning in a news-executive capacity. 'Stay tuned,' Keller said cryptically. 'I didn't want him to go in the first place.'" Keller also says journalists should be wary of billionaires buying newspapers: "None of them got where they are in life by keeping their hands off what they owned."

Via Romenesko