August 16, 2006

Throwing Pinch Overboard

By Thomas Lifson
It has finally happened. The left is beginning to turn against New York Times publisher Arthur Ochs Sulzberger, Jr., known far and wide as 'Pinch.' It is simple to understand why: the New York Times is becoming a failing business under his stewardship, and the Left needs the NYT. Faithful readers of The American Thinker have known this for over two years, as we have chronicled the journalistic and economic decline of the New York Times Company. We started warning investors that their money was at risk before the common stock lost half its value. We slogged through to SEC reports, pushed the numbers, and proved the shocking decline of the core business and major profit center of the company, its metropolitan print edition. But it is one thing for websites 'out there' beyond the Hudson to point out that Pinch is killing the family business, and quite another for the man dubbed 'the King of New York Media' by The New Republic to point out that disaster looms ahead for members of the...(Read Full Article)