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Iceberg Dead Ahead!

John on March 17, 2006 at 7:18 am

Michelle Malkin has news that Moody’s is considering downgrading the Times, noting:

[G]rowing concerns about The New York Times’ high financial leverage, deteriorating operating margins and weak free cash flow available for debt reduction, combined with concerns over intensifying cross media competition, including the internet…

In other words, THE BLOGS ARE KILLING US!

All I can say is, it’s about time.

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Category: MSM & Bias |

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