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There’ll Be No Bailout, But That Doesn’t Mean That Much Of The Newspaper Industry Isn’t One Step from Bankruptcy
Philip M. Stone Novermber 25, 2008
With tongue firmly in cheek a couple of months back this column suggested that since the banks and the auto industry were getting bailed out then why not newspapers? Well, the tongue is still well in cheek, but the awful truth in the intervening months is that for many newspapers to survive they may well need a bailout of one sort or another.
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