While Carlos Slim's $250M cash injection gives New York Times (NYT) some breathing room, it does nothing to solve its long-term issues, Fitch's Mike
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While Carlos Slim's $250M cash injection gives New York Times (NYT) some breathing room, it does nothing to solve its long-term issues, Fitch's Mike Simonton says. "It will be even more challenging for the company to generate positive free cash flow in 2009 with this new, heavy interest burden." The 14.1% notes may cost NYT $35M a year in interest.
Posted by expathos (#1) 1218 days ago (http://seekingalpha.com)While some make a compelling case for nationalizing banks, it just ain't so simple, James Surowiecki says. "This would be an incredibly complicated process, with massive ripple effects (psychological as well as practical)... and this is one time when simply saying 'we’ll figure out the details later' doesn’t suffice."
Posted by expathos (#1) 1218 days ago (http://seekingalpha.com)
While some make a compelling case for nationalizing banks, it just ain't so simple, James Surowiecki says. "This would be an incredibly complicated p
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