Carlos Slim - By Arthur Sulzberger Jr. (Dinosaur Media DeathWatch™)

TIME ^ | April 30, 2009 | Arthur Sulzberger, Jr.

[abb]

I recently had the great pleasure of meeting Carlos Slim. He had decided to invest in the New York Times Co. and thought it would be a good idea to get to know me and my senior colleagues. It was obvious from the moment we met that he was a true Times loyalist. We had an enjoyable conversation about what was happening in this country and everywhere else in the world. Carlos, a very shrewd businessman with an appreciation for great brands, showed a deep understanding of the role that news, information and education play in our interconnected global society.

What also became apparent is that for Carlos, insight and understanding are catalysts for action and accomplishment. This speaks to why Carlos has funded extensive public-health education programs and why he's helped thousands of students throughout Latin America get their own laptops and learn more about digital technology.

Carlos, 69, believes that as people know more, they have a far better opportunity to change and improve their lives. As he spoke at our meeting, he conveyed the quiet but fierce confidence that has enabled him to have a profound and lasting effect on millions of individuals in Mexico and neighboring countries. Carlos knows very well how much one person with courage, determination and vision can achieve. And I am delighted that he brings those attributes to the New York Times Co., to Mexico and to the world.

[abb]

FROG!!!

[abb]

ping

[TenthAmendmentChampion]

Apparently Carlos isn’t all that smart when it comes to investing. Does he want to end up owning the Times?

[jpl]

What a touching little paean to his new benefactor!

[y6162]

“Carlos knows very well how much one person with courage, determination and vision can achieve”

Carlos is charing you 14% interest, you fool. He’s going to take everything your family has, ya dope.

[ken5050]

"It was a dark and stormy night..."

[lormand]

American liberals turn a blind eye on the fact that this guy built his fortune on state sponsored monopolies. This guy is most likely involved deeply in political corruption, but the NYT is still paying staffers to look into the Bush administration.

[abb]

http://blogs.reuters.com/summits/2009/04/29/secs-schapiro-says-journalist-job-cuts-worrying/
SEC’s Schapiro says journalist job cuts worrying

http://www.visualeditors.com/apple/2009/04/tribune-considers-design-copy-editing-functions-to-be-%E2%80%98manufacturing%E2%80%99/
Tribune considers design, copy editing functions to be ‘manufacturing’

http://www.poynter.org/column.asp?id=131&aid=162785
One Month In, Detroit E-Editions Surge, Print Cancellations Fewer Than Expected

http://www.boston.com/business/articles/2009/04/30/globe_guild_leader_takes_heat_as_talks_divide_staff/?page=full
Globe Guild leader takes heat as talks divide staff

http://www.bostonherald.com/news/regional/view/2009_04_30_Herald_raising_price_to__1/
Herald raising price to $1

http://www.guardian.co.uk/media/2009/apr/30/baltimore-sun-journalists-baseball-game
Baltimore Sun journalists laid off while covering baseball game

http://www.baltimoresun.com/business/bal-bz.sun30apr30,0,5738376.story
Sun cuts third of newsroom

[ken5050]

Just wondering..Why is this in Time, and NOT the NY Times?

[junta]

With a government monopoly to boot, call it facism if you will.

[abb]

Hence my comment “frog!” When Carlos says to Pinch, “FROG!,” Pinch jumps.

Very high.

[lormand]

"Apparently Carlos isn’t all that smart when it comes to investing."

It depends on how you define "investing".

Wouldn't it be nice to be rich enough to own your own press? What does he care if it looses money, he is 69 years old, and has a virtual infinite supply of money?

[Yossarian]

"Carlos, a very shrewd businessman with an appreciation for great brands,"

Carlos' last big investment.

[dynachrome]

Wipe your chin, Pinchie!

[martin_fierro]

SLIM PWNS TEH TIMES!!!1!

[abb]

Just wondering..Why is this in Time, and NOT the NY Times?

Maybe Carlos told him to put it in TIME instead of the NYTimes? I'm sure much of what the NYT puts out now is edited by Carlos and Co.

[Oldexpat]

The Frog will need more money shortly and it isn’t going to come cheap. Slim is the type of currupt oligarch that keeps Mexico poor and himself super rich. All it takes is a govt granted monopoly.

[martin_fierro]

This reads like a sub-par marketing brochure.

[Landru]

"Carlos is charing you 14% interest, you fool. He’s going to take everything your family has, ya dope."

BWHAAAA!!!
Yea! :o)

Classic clown playing to the jester, for sure.

No matter how much lipstick Patchy smears on the *thing* the NYSlimes was permitted to decay into, it's still a pig.

Until the zerO renames it, otherwise. {really}

[abb]

http://www.indenvertimes.com/2009/04/30/denver-post-to-suspend-weekday-sales-throughout-much-of-colorado/
Denver Post to suspend weekday sales throughout much of Colorado

http://poynter.org/forum/view_post.asp?id=13921
Memo to (Allentown, PA) Morning Call staff from editor David Erdman