MichaelWolff http://archive2.mrc.org/taxonomy/term/6524/all en The NYT's Unlikely Savior http://archive2.mrc.org/articles/nyts-unlikely-savior <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> What media mogul Rupert Murdoch wants, Rupert Murdoch gets? A Vanity Fair writer can picture it happening. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/clay-waters">Clay Waters</a> </div> </div> </div> <p>The Times recently announced plans to mortgage its headquarters to ease its cash-flow problems, <a href="http://moneycentral.msn.com/investor/charts/chartdl.aspx?showchartbt=Redraw+chart&D4=1&DD=1&D5=0&DCS=2&MA0=0&MA1=0&CF=0&symbol=NYT&nocookie=1&SZ=0&CP=0&PT=10" target="_self">but with its share price closing today at $7.38</a>, down 85% from its historic trading high of $51.50 in 2002, the company isn't out of danger. </p><p><a href="http://archive2.mrc.org/articles/nyts-unlikely-savior" target="_blank">read more</a></p> Articles TimesWatch Economy MichaelWolff NewYorkTimes NYTimes RupertMurdoch SharePrice TimesWatch TimesWatch.org Thu, 11 Dec 2008 23:13:00 +0000 admin 6574 at http://archive2.mrc.org