Serious Problems at the New York Times (off-topic)

Yesterday the WSJ's MarketBeat blog covered, as they are wont to do, business.
One of the posts relayed news of the New York Times Co.:

All the stock that’s fit to sell.

There are poor performing stocks, and then there’s the New York Times. The Wall Street Journal reported earlier today that a Morgan Stanley fund management arm dumped its 7.2% stake in the company, citing people familiar with the matter, helping to push shares to a 52-week low in an ugly year for the stock, at a time when media valuations are sliding and help from leveraged investors appears to be dwindling. Standard & Poor’s, in a report today, said liquidity problems could hurt a number of issuers in the media sector (they did not name New York Times, however), and overall sentiment in the sector continues to lag — Gannett’s net was down 11% on slowing ad sales. Shares of NYT have dropped 22% on the year.

The newspaper business is a pretty tough way to make a buck. In the insightful, nay, profound and gripping, May 16 CI post Windfall Profits Taxes on Oil Companies I ended with this comment:

I'm curious how the media is going to play gasoline prices this year.

Good Morning America is already hinting at conspiracy and price gouging. We may have to dust off the profit margin comparisons between XOM, BP, CVX and COP vs. DIS, GE, DJ andVIA.

We'll leave NYT out. Good paper; really, really lousy business.

I'm having second thoughts about the good paper bit.

There's something going around the blogosphere to the effect that the first Medal of Honor recipient of the Afgan war is from
Patchogue, Long Island, New York.

I went to the NYT's website for the story. This came up:

Your search for murphy medal of honor in all fields returned 0 results

Fuck Pinch Sulzberger.

Here's some journalism:

Medal of Honor Winner Ignored
From the York News-Times

Here's another real newspaper:

THE NEW YORK CRIMES
From the New York Post

Here's a real newspaper's readers:

GRAY LADY'S BLIND SPOT: NEGLECTING A HERO
From the New York Post

The guy's name was Murphy.

Mike Murphy.

From New York.

Medal of Honor.

Fuck Pinch Sulzberger.