Last year, about 70 percent of its estimated $237 million operating profit went to pension contributions and interest costs, compared with 19 percent in 2007, according to company statements.

Bloomberg on troubles at the New York Times.

There is no good answer to this problem that doesn’t involve a time machine. Better answers, yes, but not good ones.

Holy bleeding cash-cow, Batman. 

(via dbreunig)

Source: bloomberg.com

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  1. dotconor reblogged this from dbreunig and added:
    Holy bleeding cash-cow, Batman.
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