“It is useless to attempt to reason a man out of a thing he was never reasoned into”

Jonathan Swift
"The Democrats have moved to the right, and the right has moved into a mental hospital." - Bill Maher
"The city is crowded my friends are away and I'm on my own
It's too hot to handle so I gotta get up and go

It's a cruel ... cruel summer"

Thursday, January 29, 2009

Globe-News' owner hires bankruptcy experts

Morris Communications turns to the big guns for help with its money troubles By Greg Rohloff The Amarillo Independent Financially troubled Morris Communications, owner of the Amarillo Globe-News, announced on Monday that it had hired financial adviser Lazard Freres & Co. and Chicago law firm Neal, Gerber & Eisenberg to help it sort out its financial mess.

Morris Communications is hardly alone in the corporate newspaper world with declining revenues and debts it may not be able to pay.