[abb]

http://www.businessweek.com/bwdaily/dnflash/content/dec2008/db2008128_376528.htm?chan=top+news_top+news+index+-+temp_news+%2B+analysis
Tribune Bankruptcy Snares Employees

[abb]

http://recoveringjournalist.typepad.com/recovering_journalist/
Tribune’s Victims

http://newsafternewspapers.blogspot.com/
How to monetize “air”

http://www.broadcastingcable.com/article/CA6620876.html
Viacom CEO Downplays Recent Job Cuts

[bert]

The interesting thing to me is that Zell apparently bought the Tribune with the cash in the pension fund and loans from banks.

The employees are now pensionless and the bank debt is merely part of the overall unfathomable bad debt aggregate. Zelll’s loss turns out to be time.