ping
That’s right, Trib, blame the internet for your money woes. Cling to that belief.
New York’s Avista Capital Partners has taken its share owners on a very expensive Enron ride.
” The owner of the Star Tribune has informed investors that it has written down the value of its $100 million investment in the newspaper by 75 percent to reflect deteriorating conditions since the purchase in March 2007.”
One wonders, “When we will be reading about share holders of this company and other investment shells and mutual funds suing those who burnt up their money?”.
It would be very interesting to see where and how those who control Avista donate their political $’s.