Skip to comments.SQUEEZING PINCH
Posted on 11/09/2006 10:27:26 PM PST by mcenedo
One of the New York Times' largest shareholders stepped up an attack on the newspaper giant yesterday in a move some industry observers consider a veiled attempt to dethrone company scion Arthur "Pinch" Sulzberger Jr.
In a shareholder proposal filed yesterday, Morgan Stanley Investment Management, which owns a 7.6 percent stake in the Times, urged the company to split the jobs of chairman and publisher, positions currently held by Sulzberger.
(Excerpt) Read more at nypost.com ...
Down 45% in the last 2 years.
Probably need to publsh more classified info to boost circulation.
Squeeze? Pop Pinch like a pimple.
The cost of constructing Pinch's Pleasure Dome is going drag the New York Times ever deeper into the hole.
The decision to build that building lies at Pinch's feet. It is a vanity project from the git-go, and will destroy the company.
People who make bad decisions deserve to lose. There is great satisfaction in this. The fact that the failing New York Times is reliably lefty and obnoxious is just icing on the cake.
Yup, that tiny gay weasel is dragging the company down, because of his own aganeda.
The Old Gay Lady.
I get the impression that Pinch is a Lefty because he wants to be seen as having the "smart" position on everything. He is not really committed to the program, but does not want to lose the supposed respect of his friends.
What he does not realise is that they are laughing at him behind his back. They know Pinch is an idiot, and are delighted that he is so easily misled.