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Home Front: Culture Wars
NYT ex-CEO gets $21M Golden Parachute
2012-01-29
HT to Weasel Zippers. Especially for the schadenfreudy-good note of the day
While a sale of the company is not likely, Bloomberg has a dark bottom line amid some optimism about the digital future and reduced debt: "The company has lost more than 80 percent of its market value from a high of about $8.5 billion in 1999 to its current value of $1.18 billion. It has not paid dividends to shareholders for the past three years."
Posted by:Frank G

#6  There is the real 1 percent and it isn't even registered as a Trunk or Tea Party.
Posted by: Procopius2k   2012-01-29 19:20  

#5  "I would personally like to see Pinch and his family whoring on the streets of NY."

I thought they already were.
Posted by: Barbara   2012-01-29 18:45  

#4  yep - but that "investment" is like owning a boat. No returns, and depreciating at a climbing rate. I would personally like to see Pinch and his family whoring on the streets of NY. It's not like that's new to them
Posted by: Frank G   2012-01-29 18:13  

#3  And remember: their public class A shares have no voting rights. The company is controlled by the owners of the class B shares, and Pinchy (and family) own all those.
Posted by: Steve White   2012-01-29 18:00  

#2  2big2fail? Certainly true as long as Carlos Slim is around...
Posted by: Steve White   2012-01-29 17:59  

#1  2big2fail
Posted by: manversgwtw   2012-01-29 17:47  

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