Lost Ads — Including Real Estate — Hasten Local Paper’s DemiseThe Star Tribune is not the first major city newspaper to file for bankruptcy (last Thursday, 11 p.m.), and it certainly won’t be the last. Like the Tribune Company before it, its demise was hastened by, roughly in order of significance: 1) way too much...Read More
Tale of Two Parent Companies [Note: see, “Realogy Bankruptcy Filing Imminent?” (2/12/09) for an update to this post] One of the most popular quotes making the rounds these days is Warren Buffett’s observation about risk: “You don’t know who’s swimming naked until the tide goes out.” Latest addition to the list of naked swmmers? Realogy,...Read More
