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.
Thursday, June 11, 2009
Market cap worries at McClatchy
A reader points out what has been happening to McClatchy's market cap:
"McClatchy is getting ever closer to the $50 million market cap."
The suits in the corporate office have got to be worried -- McClatchy's market cap has shrunk to$55 million -- and headed downward toward non-compliance levels again. . . .