Monday, June 23, 2008

How close to default is your paper?

The newspaper industry shuddered last week when Bloomberg News warned that several publishers are in danger of default. And some are. But there are many degrees of defaultness and not all publishers are in equal danger of going down the drain.So, I have created not only the word “defaultness” but also a simple tool called the “Default-O-Matic” to help you see at a glance the degree of financial

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