There is justice

[DOGS THAT BARK]

http://blog.wired.com/business/2008/10/moodys-may-cut.html

Things are looking grim at the Times today. The newspaper announced low Q3 earnings and the possibility that the newspaper may default on its debt today, and Moody's says that they may downgrade The New York Times' stock to junk status.

:toast:

 

[StevieD]

Mission Accomplished:shrug:

 

[Chadman]

A lot of newspapers hurting right now, along with a ton of big businesses, little businesses, individuals, etc.

I guess it's ok to root for the demise of the ones you don't like or that have differences of opinion than you do. Being in the newspaper business myself, I feel for the people this will affect, and share the concerns that many people in our business are having right now.

 

[StevieD]

A lot of newspapers hurting right now, along with a ton of big businesses, little businesses, individuals, etc.

I guess it's ok to root for the demise of the ones you don't like or that have differences of opinion than you do. Being in the newspaper business myself, I feel for the people this will affect, and share the concerns that many people in our business are having right now.

The wrath of the Bush and his War on the Middle Class along with his SIX YEARS of him getting everything he wanted is just starting to be felt. The layoffs will be massive and will reach almostt every industry. Anyone who is happy about American losing their jobs is simply Anti-American.

 

[djv]

Bush's damage will face next guy's 4 years. I don't read Time's. But im sure there are many jobs that would be lost. I have not seen how the W Post or Fox Journal are doing. USA I hope hangs on thats a fun paper for sports folks.

 

[Skulnik]

A lot of newspapers hurting right now, along with a ton of big businesses, little businesses, individuals, etc.

I guess it's ok to root for the demise of the ones you don't like or that have differences of opinion than you do. Being in the newspaper business myself, I feel for the people this will affect, and share the concerns that many people in our business are having right now.

This is one reason newspapers are failing.

JMHO.


http://www.ornery.org/essays/warwatch/2008-10-05-1.html