The decline of the New York Times as a reputable newspaper has been going on for years and is nearly complete.
Now it looks like the decline of the paper itself may be well on the way.
A huge block of shares was sold early this morning off the New York Stock Exchange. This source of these shares is probably Morgan Stanley, where activist fund manager Hassan Elmasry has been pressuring management to undertake changes at the company to boost its plummeting stock price.
Nicknamed the "Gray Lady" for its staid appearance and style, the Times delights in publishing “leaked” classified information about our government and especially our military.
You would think radical left-wing liberal George Soros was the Times editor-in-chief. Maybe billionaire Soros will bail out the Times since they do such good work on the far-left Democrat causes.
If the Gray Lady folds, Al Qaeda will need to find another source for US military secrets.
A humorous ‘sing-along’ posted on Lucianne this morning:
The Ole Gray Lady
she ain't what she used to be
ain't what she used to be......
Maybe the Los Angeles Times, the Washington Post and the Boston Globe should sit up and take notice.
Link to shares sell-off story here.
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