This blog is mainly about the spectacular train wreck at The Sacramento Bee and its parent company, the McClatchy Company. But I also post about current events, the Iraq and Afghanistan wars, politics, anything else that grabs my attention. Take a look around this blog, hope you enjoy it.
Tuesday, November 27, 2007
Jim Cramer: "McClatchy's spending spree has almost destroyed the company"
McClatchy (NYSE: MNI) (Cramer's Take) was once the cream of the crop, a great California growth story. But that market is a shambles now, and the spending spree has almost destroyed the company.