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Apparently there is no love lost between the “liberal rag” known as the New York Times and the pillar of right-wing ignorance known as FOX News. FOX goes for the jugular in this piece talking about the financial health of the Times.
It is sad to watch a once-great company decline. Jobs are sacrificed, historic facilities closed, and an atmosphere of failure and fear usually permeates the surviving operations. When a company needs to sell-off profitable crown jewels to sustain the lagging less profitable pieces, it does not portend future happiness.
But when the situation is compounded by hereditary management succession based on family control, and when the hapless scion put into Daddy’s office leads the firm into blunder after blunder, squandering the resources built up by previous generations, elements of tragedy enter the picture. When the bloodline-based boss is both obsessed with a private agenda and easily led into foolish moves because of his poor understanding of business fundamentals, danger levels rise. Vulnerable to fad-based moves and prey to fast-talking investment bankers, polished consultants and the flattery of subordinates, stumbles and pratfalls accumulate.
Meow! Sounds to us like Dr. Laura is FOX’s new media critic.
New York Times Company Spirals Further Downward [FOX News]
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