Mr. Griffins selection as chief executive of Time Inc., the worlds largest magazine publisher, surprised many in the industry when the appointment was announced in August. Mr. Griffin had been head of the magazine division at Meredith, the Des Moines-based publisher of magazines like Better Homes and Gardens, Family Circle and Ladies Home Journal.
Time could not deal with an executive who actually knew how to make a profit.
posted on 02/17/2011 7:43:37 PM PST
He offended the homos and femnist editors at Time Inc by telling them they needed to make money rather than spend it. And so they took him out.
posted on 02/17/2011 7:48:10 PM PST
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