Here's something to start your day off right: all of the news at our beloved
New York Times is bad news.
On a day
the market surged nearly 500 points (or 6.5%) the Times shed 7.7% of its already dramatically reduced value.
And the
five-year NYT stock chart looks like something only a cliff-diver would love.
The Wall Street Journal is
aggressively pursuing the Times' advertisers; the Times was forced to
reduce its dividend, and the only son of publisher Arthur Sulzberger, Jr. was just
recalled from his Portland, OR reporting job.
I give 'em three to six months before we get the inevitable "we're exploring all options" line.
Ahhh... doesn't that feel better?
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