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To: Mister Baredog

You're welcome. The NYT is on its way down the tubes. Until they get rid of Pinch, they won't stop the slide. (Has anyone noted the similarity between the situation at the CIA and at the NYT? Good troops in the field, for the most part, but sorely in need of changes at the top. Bush and Goss are on the right track, but who, besides the stockholders, will take action at the NYT.)


11 posted on 11/26/2004 10:20:23 AM PST by lancer (If you are not with us, you are against us!)
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To: lancer

The stockholders can't vote out management because the Sulzburgers hold a special super-voting class of stock.

Do you remember the threatened law suit against Sinclair when it planned to show the Kerry documentary at the end of the campaign? The allegation was that by engaging in that type of programming it was alienating advertisers (both directly and indirectly, by alienating viewers and ultimately reducing advertising rates) and therefore wasting corporate assets.

In my opinion, a suit like that would be about the only way that stockholders could pressure Times management. Also in my opinion, it is a real longshot.


12 posted on 11/26/2004 10:37:11 AM PST by Piranha
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