[Enchante]

awww for an instant I hoped this meant that they were deposing the fatuous leftist Pinch Sulzberger, but no such luck..... he's the Chairman not CEO, and he's still in charge, for now at least.....

[Enchante]

always nice to see troubles at the NY Times..... lol

[Olog-hai]

The Red Gray Lady just got grayer . . .

[Lancey Howard]

I want everybody who works in the Democrat newsrooms to lose their jobs, their homes, and their families. For the damage they have done to America they deserve nothing less. Hurry up and die, New York Times. Just die.

[Lazlo in PA]

Ah. Another black eye for the Old Grey Withered Decrepit Lady. Way to go Pinch. Your father would be proud.

[tcrlaf]

A falling out amongst the queer mafia?

Pinch not getting enough clubbing time? Had to mortgage the yacht? His Boy-toys?

[RingerSIX]

NYT is a Communist kamikaze.

[Covenantor]

Why in the world would you want “Punch” to be toppled? He's doing a great job of unintentionally destroying his clans wealth. The NYT is selling at $7.84 a share and falling. Even Carlos Slim has to be wondering. IIRC it was about $58/share when Punch took over.

________________________________
Four years ago....

Oct. 17 2007(Bloomberg) — Morgan Stanley, the second-biggest shareholder in New York Times Co., sold its entire 7.3 percent stake today, according to a person briefed on the transaction, sending the stock to its lowest in more than 10 years.

The person declined to be identified because Morgan Stanley hasn't made the sale public yet. Traders with knowledge of the transaction said Merrill Lynch & Co. brokered a $183 million block trade of 10 million New York Times shares this morning.

Hassan Elmasry, managing director of Morgan Stanley Investment Management, unsuccessfully challenged the Sulzberger family's control of New York Times Co. through super-voting stock that gives them a board majority. Shareholders owning 42 percent of the company, parent of the namesake newspaper and Boston Globe, withheld support for directors at the publisher's April annual meeting.

``This guy has been speaking for a lot of people who are too discreet to speak up and challenge management,’’ said Porter Bibb, a managing partner at Mediatech Capital Partners LLC in New York and a former New York Times Co. executive.

New York Times shares slid 43 cents, or 2.3 percent, to $18.48 at 4:04 p.m. in New York Stock Exchange composite trading, the lowest since January 1997. The stock has declined 24 percent this year”
___________________________________

And don't forget the big buyback and sales of assets.

No, I say, “Punch” must stay to finish the job of burying the New York Times for once and all. Who else could get the job done?

[mewzilla]

Looks to me like Robinson is getting a $4.5 million golden parachute.....

New York Times CEO Janet Robinson to step down

Gee, wonder what the OWS crowd will think of that....

[epluribus_2]

I think he just got “the Call” from the One’s campaign. I imagine Rahm was even on the call. Their plans (OWS, Acorn, etc.) are not working and their paper is not doing enough. Watch for an utter DNC implant or maybe union thug.

[Daffynition]

Boo Hoo!

Robinson’s replacement will be some clown who didn’t make the cut as a *czar* in the Hussein regime.

[catnipman]

Rats .... sinking ... ship

[StAnDeliver]

Schadenfreude!