A Comment About

The Rapid Decline of the New York Times

July 17, 2008 - 9:13 am - by Thomas Lifson
MarkD
2008-07-17 12:53:54

There is a reason the dividend payout is 7%…

This is a firm that is dying. The building is worth something, the paper is not. Can the income continue to support the dividend payouts and the expense of running the business? I don’t think so. I would rather own Ford. You don’t get a vote there, either, but they are trying to make a profit.