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.
Wednesday, December 24, 2008
Drawing the right lessons from McClatchy's stock implosion
Henry Gomez on what can be learned from the apparent collapse of McClatchy stock:
The company's stock will soon be worthless. Hopefully historians will correctly document this as a lesson on how NOT to run a company, namely by alienating, insulting and underestimating the company's customers.
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