New Blood at NYT?
As the hapless New York Times continues to spew its anti-American propaganda, it also continues to lose revenue, subscribers and respect. The Gray Lady's stock price is taking a licking, too; it's down about 15% right now.
But that's good news to Maurice Greenburg, the mutli-billionaire insurance mogul. He's been buying up NYT stock in the apparent hopes of turing the grand paper around, and perhaps even moving the paper's ideological slant to the right somewhat. Greenburg, a legend in New York's financial circles, ran AIG Insurance Group for 40 years, and is no stranger to contentious business dealings. He has been a GOP contributor, is a friend of Henry Kissinger's, and was considered for a top CIA post.
In view of the fabricated news coming from the NYT and the AP lately, especially concerning foreign policy matters, replacing the Ochs-Shulzburger family as controlling stockholders with new blood may be just what's needed.
Pinch Schulzbuger seems to be taking Greenburg's takeover threat seriously, as upper management recently opted to forgo their $2 million stock bonuses, and instead returned the money to NYT employees.
How egalitarian.
But that's good news to Maurice Greenburg, the mutli-billionaire insurance mogul. He's been buying up NYT stock in the apparent hopes of turing the grand paper around, and perhaps even moving the paper's ideological slant to the right somewhat. Greenburg, a legend in New York's financial circles, ran AIG Insurance Group for 40 years, and is no stranger to contentious business dealings. He has been a GOP contributor, is a friend of Henry Kissinger's, and was considered for a top CIA post.
In view of the fabricated news coming from the NYT and the AP lately, especially concerning foreign policy matters, replacing the Ochs-Shulzburger family as controlling stockholders with new blood may be just what's needed.
Pinch Schulzbuger seems to be taking Greenburg's takeover threat seriously, as upper management recently opted to forgo their $2 million stock bonuses, and instead returned the money to NYT employees.
How egalitarian.
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