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To: Onelifetogive

The real estate will be worth something. It’ll be interesting to see what the KC Star sells for.


3 posted on 11/14/2008 1:05:06 PM PST by Eric in the Ozarks
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To: Eric in the Ozarks
For it to have fallen to $2, they must have been losing money for long enough that the real estate is all mortgaged. And in the current real estate market, it's likely that the mortgages are for more than the current value of the real estate.

I'm thinking it will be a bankruptcy sale.

5 posted on 11/14/2008 1:09:06 PM PST by PapaBear3625 (Question O-thority)
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To: Eric in the Ozarks

Wow. I am a reporter at a Libertarian paper and we are doing fine right now....circulation a bit down, but that is the Internet. Until a way to make money with paper websites is found, that will continue.

The liberal rags are just drowning though. Thank goodness I am not working for a big city paper right now, or I could very well be out of a job soon.


9 posted on 11/14/2008 1:44:30 PM PST by rwfromkansas ("Carve your name on hearts, not marble." - C.H. Spurgeon)
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