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To: Grampa Dave

update here:

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003566178

Analysts Weigh in On Tribune Deal: Employee Ownership a Good Thing?

snip

Benchmark's Atorino puts the whole ESOP business into this perspective: "It will be enlightening to the employees to face the realities in the business world, particularly reporters -- don't take this personally -- who don't understand they are a business."


21 posted on 04/02/2007 11:21:16 AM PDT by abb (The Dinosaur Media: A One-Way Medium in a Two-Way World)
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To: abb; Grampa Dave
"It will be enlightening to the employees to face the realities in the business world, particularly reporters -- don't take this personally -- who don't understand they are a business."

Always best, IMHO, to prudently manage your own financial affairs even though it takes considerable effort. FWIW a small investor must first lose some cash savings on a investment that defaults before their opinion carries any weight with me. First they got to feel the pain that comes from unaccountable bankruptcy judges handing out their equity like candy to attorneys charging $500 per hour to Xerox forms.

What's really meaningful now, said Atorino, is the company is no longer under the thumb of Wall Street: "It's gets them out of the spotlight and gets them away from quarterly pressures."

Tribunesaurus wants a private place to die and RIP.
22 posted on 04/02/2007 1:08:39 PM PDT by Milhous (There are only two ways of telling the complete truth: anonymously and posthumously. - Thomas Sowell)
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