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To: Grampa Dave

http://cancelthebee.blogspot.com/
Rumors of more McClatchy layoffs heating up


30 posted on 01/31/2009 6:45:04 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb; Milhous; SierraWasp; tubebender; BOBTHENAILER

I don’t know about the economic conditions for these fishwraps outside of California.

In Sacramento down to Fresno, ad $’s for the Bees have to be rarer than an honest rat politician in Sacramento or DC.

Does anyone have idea of the $ burn rate of McClatchy is versus any capital they have left.

A friend, who is a CPA and former CFO of some local corporations, told me that many California businesses are in the same cash burn rate problem as many of the dot.coms during the dot com bust last decade. He feels that most of our California Fishwraps are in mortal danger of going bankrupt this year.


32 posted on 01/31/2009 6:57:26 AM PST by Grampa Dave (Does Zer0 have any friends, who are not criminals or foriegn or domestic terrorists or both?)
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