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Where Is Jack Welch’s $600 Million When You Really Need it?
Philip M. Stone April 7, 2009
They say that nothing in the US newspaper business should shock anymore, but the New York Times Company’s announcement that if it doesn’t get around $20 million in employee give-backs in about 30 days from the Boston Globe then it would close down the newspaper comes about as close as anything to shock value these days.

 

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