This blog is looking for wisdom, to have and to share. It is also looking for other rare character traits like good humor, courage, and honor. It is not an easy road, because all of us fall short. But God is love, forgiveness and grace. Those who believe in Him and repent of their sins have the promise of His Holy Spirit to guide us and show us the Way.
Tuesday, January 20, 2009
Don't Do It, Carlos Slim!
As of September, The New York Times had $46,000,000 in cash, but owed over $1,000,000,000 in debt. I'll bet they have much less in cash today. They are having a board meeting nest week to consider their situation. They are trying to convince a Mexican billionaire to invest in them. His name is Carlos Slim Helu, and he is allegedly the world's second richest man.
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1 comment:
Well, the NYT never learned their lesson methinks they never will.
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