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The New York Times Gets Life Support

Derek85 Wrote: Nov 11, 2012 4:49 PM
The role of an ethical newspaper is to provide factual news. Readers are interested in knowing what is going on in the world. The New York Times abdicated this role years ago and publishes opinion and propaganda, both on the news pages as well as the editorial Pages and even in the features sections. After you read the New York Times (if you read the New York Times) you have to buy another newspaper to check the facts. I would not waste my money.
kathybgc Wrote: Nov 11, 2012 8:20 PM
Almost hard to believe how far down the crapper the NYT has gone. Used to be known as the "Newspaper of Record".

The common stock of the New York Times (NYSE: NYT) plunged from $10.87 last week to a close of $8.19 on Friday after the liberal mouthpiece announced that its 3rd quarter net income dropped 85 percent.

While analysts are blaming soft advertising revenues, I think something more ominous is happening at America’s national, bleeding-heart newspaper.

(Editor's note: I'm taking a few days off. I'll see you guys again on Tuesday with a crop of Email and Hate Mail)

For sure, advertising revenues are dropping nationally as economic conditions have deteriorated over the last two quarters.

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