This just in!
1 posted on
02/12/2010 2:10:58 PM PST by
abb
To: 04-Bravo; aimhigh; andyandval; Arizona Carolyn; backhoe; Bahbah; bert; bilhosty; Caipirabob; ...
2 posted on
02/12/2010 2:11:18 PM PST by
abb
("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
To: abb
Yo, Pinch! Carlos needs his car waxed. Get movin’.
To: abb
Has he also invested in White Star Line? I hear the Titanic is doing a little better than the NY Times.
4 posted on
02/12/2010 2:15:56 PM PST by
KarlInOhio
(Special SOTU tagline: YOU LIE!)
To: abb
How long before its a penny stock?
6 posted on
02/12/2010 2:20:35 PM PST by
GeronL
(Dignity is earned from yourself. Respect is earned from others.)
To: abb
Good news. More layoffs will be on the way by mid-year. Love that hope & change!
11 posted on
02/12/2010 2:49:47 PM PST by
jimbo123
To: Tijeras_Slim
Mexican billionaire Carlos Slim Is this dude a relative of yours?
To: abb; Tijeras_Slim; mikrofon; Charles Henrickson
Mexican billionaire Carlos Slim Helu isn't just one of The New York Times Co.'s creditors anymore -- he's now one of their biggest stockholders, according to a Security and Exchange Commission filing Friday.
Slim exercised warrants for 15.9 million in Class A shares for a strike price of $6.3572
That's quite a helu kitty.
To: abb
Hopefully this means there will be changes at the Times.
To: abb
He has no stake in the governance and is depending on a turnaround that will likely never come.
The world is changed.
I read local newspaper headlines on yahoo and posted to Free Republic today on my new I Phone 3g (bought on sale and obsolete). We cut loose our land lines and are now cellular/data mobile equipped. If it is to me, semiretired geezer, it is near pervasive. What was is no more
18 posted on
02/12/2010 3:32:08 PM PST by
bert
(K.E. N.P. +12 . Tax the poor. Taxes will give them a stake in society)
To: abb
Slim will get slimmer because of this.
---
Send treats to the troops...
Great because you did it!
www.AnySoldier.com
19 posted on
02/12/2010 3:37:00 PM PST by
JCG
To: abb
Slim got the warrants in January 2009 when he lent the Times Co. $250 million. The company said that that he would not be joining the board. The Class A common shares he bought is publicly traded stock, not the super-voting shares that gives the Ochs and Sulzberger family control of the company. It's my understanding these warrants are the sweeteners Slim received for making the loan. Pinch still has to repay Carlos the quarter of a billion or Slim will own all the family's Class A common -- as well as everything else.
20 posted on
02/12/2010 3:58:59 PM PST by
Zakeet
(Obozo: Rapidly moving from to WTF to FUBAR to SNAFU)
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