What would $231 million — the amount Tribune spent on bankruptcy lawyers — buy? David Carr, the New York Times reporter who has exposed the Tribune Co.’s many errors and wrongs, wonders about that. Just guessing, you could buy the entire Hartford Courant for less.
If you had any doubt that Super PACs are further contaminating our political process, this LA Times article should erase it. Meanwhile, those of you contemplating your political leanings might want to put this excerpt in your equation: The end-of-the-year tally for American Crossroads included $100,000 from Sam Zell, whose properties include Tribune Co., owner of [...]
This is an instance of bankruptcy absurdity. (And given the number of times Tribune spokesman Gary Weitman declines to comment, I’m thinking his is one salary the company could do without paying. )
Hard to know what this will mean for individual Tribune employees — (this story doesn’t explain) — but it can’t be a bad thing, can it?
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