"... you could buy The Globe for about the cost of buying a copy of The Globe.
"Those who say it’s worth tens or even hundreds of millions are smoking bad s***. Remember that when Robert Maxwell “bought” the New York Daily News - when I worked there as Sunday editor - Tribune Company had to pay him $60 to cover some liabilities and then Maxwell cut more expenses than that … and it still went bankrupt.
"Buying the Boston Globe is buying liabilities and shut-down costs and operating costs and pissed-off unions. Oh, joy.
"Ken Doctor was most right in Carr’s piece when he said that The Times Company will try to make it look like it got money by holding onto liabilities. Any way you cut it, the Globe is not worth much of anything.
"And if it does get bought, what happens? See: Philadelphia, Minneapolis, Tribune Company. Slow destruction follows."