Posted on 09/14/2007 6:45:10 PM PDT by DogByte6RER
I wish the NY Times would just hurry up and die.
That thing has done enough damage to America, thank you.
I think poster #12 hit the nail squarely on the head.
Thanks for your ping.
Before the SF Gay Rhonicle discontinued delivery in your area, had their classified ads all but disappeared in those newspapers.
In our area, there are days with no Classified ads or a couple of pages of really small personal type ads.
"This is no great shock. The Sulzbergers plan to drive NYT stock into the toilet, then buy all the common shares at rock bottom prices, until they have enough of it to privatize “their” paper. Literally they will buy back all the remaining common stock at fractions of a penny per share."
"And a federal judge has ruled they can do it. Their special stock gives them complete rights over corporate policy, and common stockholders have no rights to force them to make decisions that would maintain or increase stock value."
"In other words, anyone still holding NYT stock should have sold it long ago. It is worthless, unless you can find some fool to buy it."
The Old Grey Baglady is heading for the Dumpster. Maybe they should attack another General??
Pray for W and Our Troops
Commentary and background on the “Programme Sulzberger”:
http://www.professorbainbridge.com/2006/04/ny_times_stockh.html
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.