Newspaper Harakiri
Posted on June 10, 2009
Filed Under Uncategorized |
In response to a report that the NYTimes has hired Goldman to solicit bids for the Boston Globe, here’s what one analyst had to say… which I submit as a viable contender for understatement of the year.
“We’re skeptical about the number of bidders who would try to purchase an entity that doesn’t make any money and doesn’t have a labor base that appears willing to try to get it toward being profitable,” Simonton said.
More on this topic
(What's this?)
Scientists Map Enzyme to Vanquish Viruses
(Wall Street Daily, 1/17/12)
Boston Globe May Be Latest Victim of Ad Slump as Union Votes Against Concessions
(Money Morning, 6/9/09)
The Mac-N-Cheese Economic Indicator?
(Investment U, 5/7/09)
Fuel Efficient Internal Combustion Engines Are Not Breakthroughs!
(Green Chip Stocks, 1/31/12)




