The erstwhile “Grave Dancer” may be counting his last days as head of Tribune, according to this.

Here’s a little taste from the Chicago Sun-Times:

Tribune debt recently traded for about 7 cents on the dollar, meaning investors think a lottery ticket is just as likely to pay off. The company’s total debt, counting what Zell assumed in his takeover, is around $13 billion.

The piece says creditors will call the shots and begin carving up Tribune’s overly indebted carcass.

So maybe I’m cynical, but I would expect him to leave with a carload of money as did Dennis Fitzsimons and the other sharks up on the food chain. The little fish, of course, will be chum.