The two Washington Post journalists have co-written the book, The News about the News: American Journalism in Peril. (Knopf) Downie has been at the paper since 1964. Hes been executive editor since 1991. Kaiser joined the Post in 1963 and is now associate editor and senior correspondent. Their book is an investigation of why the journalism we watch and read is so bad. They offer suggestions on how to improve the institution.