norris.blogs.nytimes.com
Tribune CEO
Dennis FitzSimons should keep that in mind, says
Floyd Norris. [TimesSelect subscription required to read his blog.] Other observations:
* "Companies that follow [Wall Street's] advice, and still do not produce results, are treated far worse than those that produce results after ignoring Wall Street."
* "FitzSimons is probably furious at the impudence shown by his underlings’ decision to go public with what he viewed as an internal discussion."
* "Tribune would be better off if it had negotiated a deal that [LAT's publisher and editor] could live with. Now it is likely to get cuts at the cost of bad publicity and deep resentment among both employees and local business leaders."
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As LAT-Tribune standoff grows, bloggers take sides (CJR Daily)
