Daily Archives: May 13, 2009

Losses Quantified

Another survey quantifying our collective pain and telling us what we already know. At this point I wonder who doesn’t know it.

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Employee Benefit, Our Ass

The IRS is reportedly trying to figure out if the Tribune / Sam Zell privatization deal using the ESOP plan actually was for the benefit of the employees, qualifying it as a tax-exempt deal. (I think this is the question being pursued in the employee suit against Tribune, isn’t it?) Anyway, I’m sure Dennis Fitzsimons [...]

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The Future Of Journalism Is…

This transcript [davidsimontestimonyfutureofjournalism]is of of David Simon’s (former Sun reporter, creator of The Wire) May 6 testimony at a U.S. Senate subcommittee hearing on the future of journalism. Loretta Waldman sent it along because it is so dead on and deserving of our attention. Simon does not paint a hopeful picture.

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