and now they are paying the price. I'm glad to see the chickenhawks are coming home to roost for these fuckers.
Who's Going to Buy the U-T?
By RANDY DOTINGA
July 28, 2008 | The San Diego Union-Tribune is for sale, but there's little chance that the usual suspects will want to buy.
A year or two ago, the newspaper's newly announced bid for buyers might have drawn attention from publicly traded media companies, including some with reputations for high-quality journalism. But the newspaper world has entered an unprecedented state of collapse over the last several months.
"Given the devastation and uncertainty in the industry, it is unlikely that a public company would make a large purchase right now, as they would have their head handed to them," said Lauren Rich Fine, a retired Merrill Lynch newspaper analyst who teaches at Kent State University.
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One thing is clear, however: Battered by sharp falls in subscribers and advertising, the nation's 21st-largest newspaper is not in a position of strength. Its bid for buyers seems to be a sign of desperation.
http://www.voiceofsandiego.org/articles/2008/07/28/news/01ut072808.txt