Tuesday, September 26, 2006

New leaf, open season at Tribune | Chicago Tribune

The goings on at Tribune Tower are getting more and more interesting. It looks like a plausible scenario but would like to hear more about the tax avoidance. The vultures of high finance have been hanging around and "trying to unlock value" from the the Tribune company. I have to admit FitzSimons looks pretty good so far by doing little: No head have rolled in LA and the Chandlers seem quiet. No numbers on how much that silence is costing. Keeping the LA Times intact they look like good guys. If they do go private it might be good to be off the relentless Wall Street treadmill. And maybe the Tribune foundation will actually get a better foundation, instead of tools of management.

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