As the daily newspaper winds down after a century of dominating the news business, so does the job of editing one. Editorships of the top papers were once comparable to lifetime appointments to the federal bench, with all the perks and prestige that came with a judgeship. A.M Rosenthal led the New York Times for 17 years. Benjamin C. Bradlee served as executive editor of the Washington Post for 13 23* years, and after him came Leonard Downie Jr., who had the job for 17 years.