Article

2009-05-02 Economy

'Time keeps on tickin ticken ticken into the future'

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by GolfBravoUSMC 2009-05-02 09:52|| || Front Page|| [11131 views ] Top

#1 ... amid a brutal advertising slump.

Which has nothing to do with circulation stagnation or decline now does it? Not here. No Sir. /sarc off

Posted by Procopius2k 2009-05-02 10:45|| 2009-05-02 10:45|| Front Page Top

#2 still hoping Kerry will ride to the rescue with a bailout

Posted by Frank G">Frank G 2009-05-02 11:15|| 2009-05-02 11:15|| Front Page Top

#3 Apparently the loan the Times received from Carlos Slim has an outrageous interest rate -- something like 12 to 14%. And they had to provide discount points. And I wonder if Carlos will be at the head of the line when the Times goes belly-up.

Posted by Steve White 2009-05-02 13:07|| 2009-05-02 13:07|| Front Page Top

#4 Steve, they are paying how much interest?

Sheesh, my stupid credit card checks give me a better rate than ol' Pinchy's getting. He must have a crappy FICO score. ;)

Posted by Cornsilk Blondie 2009-05-02 13:43|| 2009-05-02 13:43|| Front Page Top

#5 Time keeps on slippin slippin slippin into the future...

Posted by Free Radical">Free Radical 2009-05-02 14:29|| 2009-05-02 14:29|| Front Page Top

#6 This is a Global Warning.

Posted by Anguper Hupomosing9418 2009-05-02 15:54|| 2009-05-02 15:54|| Front Page Top

#7 Anguper Hupomosing9418, for shame! Go to your room! ;-)

Posted by trailing wife ">trailing wife 2009-05-02 18:47|| 2009-05-02 18:47|| Front Page Top

#8 Dear Times,

Die. And stay dead.

Cordially,

Flyover Country.

Posted by OldSpook 2009-05-02 19:09|| 2009-05-02 19:09|| Front Page Top

#9 My mother used to call this throwing good money after bad.

Posted by Jumbo Slinerong5015 2009-05-02 19:47|| 2009-05-02 19:47|| Front Page Top

#10 except it's not good money. It's the Sulzberger family and suckers they've had remora on for the thrill of f*cking the nation. Hope they all die penniless and in the streets

Posted by Frank G">Frank G 2009-05-02 20:11|| 2009-05-02 20:11|| Front Page Top

#11 Apparently the loan the Times received from Carlos Slim has an outrageous interest rate -- something like 12 to 14%

It's 14%.

The cash-strapped Times is scrambling to slash costs and raise capital as looks to service $1.3 billion in debt and shore up its business amid a brutal advertising slump.

No mention of the Times' failed attempt to nationally export the "Manhattan Mindset", then when it wasn't working, getting caught in a vicious feedback loop when it tried to stroke its at-home urban hip-leftist base.

Posted by Pappy 2009-05-02 20:29|| 2009-05-02 20:29|| Front Page Top

23:52 Randall Stross
22:06 CrazyFool
21:47 Jumbo Slinerong5015
21:46 Jumbo Slinerong5015
21:19 Glenmore
20:55 trailing wife
20:51 Redneck Jim
20:29 Pappy
20:24 Procopius2k
20:11 Frank G
19:47 Jumbo Slinerong5015
19:15 OldSpook
19:14 OldSpook
19:09 OldSpook
19:07 Jumbo Slinerong5015
19:05 OldSpook
19:02 Jumbo Slinerong5015
18:54 trailing wife
18:47 trailing wife
18:44 trailing wife
18:40 trailing wife
17:45 Redneck Jim
17:43 Redneck Jim
17:29 Frank G