The War Zone Within the New York Times Company

The American Thinker ^ | July 19, 2006 | Rosslyn Smith

[libstripper]

The New York Times Company is reeling, as bad news for both shareholders and employees accumulates. Cash is being pulled out of production facilities and being funneled, by the hundreds of millions of dollars, into a lavish new billion dollar headquarters building, which will house a news staff that will have five percent less space at its disposal when the paper downsizes its metropolitan edition, as was announced yesterday.

The stock market certainly doesn’t seem to think much of it the Times decision to shrink the paper and lay off production workers. The stock closed down 2.2% on trading of 2.5 million shares (compared to a 977,000 share daily average). The stock is not only cents away from its low for the past year, it is also near the bottom end of its trading range for the past decade

[libstripper]

Another good article on the agonies of the Slimes.

[abb]

Ping...

[tobyhill]

The Slimes were warned but they chose to continue with their crap.

[wideawake]

A cynic might even suggest this might have been at the back of his mind all along. Depress the market price in half from where it stood when you took over from your father in 1992, then get together with venture capitalists to buy out the family.

Fascinating theory, despite the misuse of the phrase "venture capitalists."

[AdvisorB]

Things have gotten so bad, that they had to replace little pinch's limo.

[68skylark]

The anti-American side is losing. Sounds good to me.

[Agent Smith]

Shadenfreude Alert!

The Slimes burns while Pinch fiddles.

I also head that they are reducing the size of the pages. If these evolutionary developments continue, total extinction of the dinosauer media is on the horizon.

[Brilliant]

I'm beginning to think that the orgy of treason from the NYT in the last few months has been due to the fact that they know they are going bankrupt, and they want to get as much Bush-whacking in as possible before they do.

[avacado]

" Either publisher Arthur Ochs (“Pinch”) Sulzburger lacks the necessary executive talent to run the company or he has a personal agenda at odds with their duty as trustees."

"My daddy gave this paper, it's mine, all mine... and I am a poofer, too! I am good enough, I am smart enough, and by golly... people like me! Did I mention that I am a poofer?"

[avacado]

LOL !!!!!!!!!!!!!!!!!!!

[Boundless]

It's not surprising that their self-blindness to truth
is not limited to their daily DNC/jihadi propaganda,
but also includes being oblivious to their own financial
condition.

Two possible explanations:
1. innumeracy resulting from being government school graduates
2. they expect the secret sugar daddy to keep paying subsidies

[finnman69]

NY Slimes HQ under construction

[Quilla]

While deciding on just how much to shrink the publication, I hope the Times keeps this in mind:

[stephenjohnbanker]

"The stock market certainly doesn’t seem to think much of it the Times "

Well, neither do WE !!!!

: )

[Bigg Red]

Good news ping

[stephenjohnbanker]

R O T F L M A O



Truth is, he should be in jail.

[MeanWestTexan]

Be finished just in time for Murdoch to buy it and turn it into a reliable news source.

[lormand]

...wishing that the US would enforce laws on Treason and punish the traitors at the NYT.

[avacado]

---
Truth is, he should be in jail.
---

100% Agreement! I would love to see him sent off to do time in the slammer. He'd be begging for the luxury accommodations of Gitmo!

[george76]