[Koblenz]

This article in the NYT said that Walmart should pay more benefits, such as GM and Ford had done. The next day, both Ford and GM had their debt downgraded to junk status. Great advice for Walmart to follow...

[Semper Paratus]

And United Airlines got permission by their bankruptcy judge to SH**CAN their entire pension system.

[muawiyah]

The New York Times is actually not all that far behind Ford and GM when it comes to corporate solvency.

Newspapers are going down hard ~ they are, in fact, following a pattern first noticed among the traditional African-American newspapers after the passage of the civil rights acts in the 1960s.

This is different than the disappearance of Post, Life, Look or American-Mercury.

The problem is technological replacement ~ not just loss of an audience.

[.cnI redruM]

Benefits are worth nothing if the corporation that signed on to pay them can't even earn enough money to pay the electrical bill.