Occupy the New York Times
[Posted by Karl]
Income inequality at the Progressive Death Star:
Janet Robinson, who will step down as chief executive of the New York Times Co on December 31, will receive an exit package in excess of $15 million, according to people familiar with the situation.
In addition to a $4.5 million consulting fee, the Times Co will pay Robinson $10.9 million in pension benefits that she accrued over 28 years of service, they said.
***
News of Robinson’s severance agreement comes during the same week that a wave of buyouts hit the newsroom of the flagship New York Times and the company disclosed that it was in talks to sell 16 regional newspapers to Halifax Media Holdings. More than a dozen newsroom staffers reportedly took buyouts, among them well-known bylines including sports writer George Vecsey, metro columnist Clyde Haberman, and business reporter Diana Henriques.
I do not begrudge Robinson her golden parachute, as she helped turn arund the paper’s fortunes, quickly repaying the $250 million bailout they took from Mexican monopolist billionaire Carlos Slim, and selling off noncore assets (Granted, the paper’s failure would not have bothered me much, either). But given that the paper finds it scandalous that Mitt Romney continues to profit from Bain Capital because the firm (gasp) turns some companies around by right-sizing them, some derisive laughter at the NYT’s expense is in order.
Indeed, looking at how the NYT runs piece after piece about storming the capitalist castle, the shrinking middle-class, moaning that most Americans are delusional for thinking they are the haves, and advocating an inequality tax, I wonder why the unwashed hipsters occupying Wall Street don’t shamble over to the NYTHQ, a progressive palace built for the paper on government-seized property and given $26.1 million in tax breaks. I do not wonder about the blind eye the remaining Timesmen and Timeswomen turn to the income inequality at their own business. After all, the NYT is now fixated on the issue everywhere but the paper for the same reason Team Obama is — they would much rather continue to curse the last three decades than defend the past three years.
–Karl
Ding!
Karl (f07e38) — 12/22/2011 @ 8:43 amWhere is Occupy Wall Street?
Where is Evo Morales to call for the nationalization of the NYT?
Dohbiden (ef98f0) — 12/22/2011 @ 8:46 amI wish I could get a cool $15m for running something into the ground. I could do that any day of the week!
Colonel Haiku (8699c3) — 12/22/2011 @ 8:49 amThe recession is fading huzzah…………..not.
Dohbiden (ef98f0) — 12/22/2011 @ 9:11 amIt’s hard to defy that which tells you how and what to think.
Icy (311d3f) — 12/22/2011 @ 9:18 amHow much more is Carlos Slim willing to lose on this endeavor
narciso (87e966) — 12/22/2011 @ 10:03 amThis is where Simon Jester is right, and where the whole Occupy movement comes to a screeching halt – at the end of the day, these keffiyeh-wearing progs are just partisan hacks, or at least burgeoning partisan hacks. At least the Tea Party has the good sense to hate both parties and their media lackeys (almost) equally.
Except for the misplaced faith in Fox News, which you guys should realize is feeding you a line the same way the New York Times is feeding their partisans a line… but I suppose that’s a conversation for another time.
Leviticus (241540) — 12/22/2011 @ 10:06 amBetter to curse the darkness than to make a candle, which would require a real skill.
AD-RtR/OS! (7fc5e6) — 12/22/2011 @ 10:28 amComment by narciso — 12/22/2011 @ 10:03 am
Did you not notice Karl’s comment that Slim was repaid his $250MM?
AD-RtR/OS! (7fc5e6) — 12/22/2011 @ 10:30 amMore stuff the NYT ignores:
“…On March 24, 2009, David Ogden, who was Deputy Attorney General at the time, announced new efforts with Project Gunrunner ‘as directed by the president.’ Ogden says he and Attorney General Eric Holder are taking ‘several new and aggressive steps as part of the administration’s comprehensive plan‘…”
AD-RtR/OS! (7fc5e6) — 12/22/2011 @ 10:50 amH/T- Instapundit @ 1240ET
Whatever happened to:
Don’t let the door hit you in the ass!
AZ Bob (7d2a2c) — 12/22/2011 @ 10:56 amThe bank repossessed it, just have a curtain now at the end of the pup-tent.
AD-RtR/OS! (7fc5e6) — 12/22/2011 @ 11:00 amDavid Ogden… wasn’t he the cat who played the effete Winchester toward the end of the “MASH” TV series?
Colonel Haiku (8699c3) — 12/22/2011 @ 11:11 amHow much more is Carlos Slim willing to lose on this endeavor
chances are slim, mas o menos.
Colonel Haiku (8699c3) — 12/22/2011 @ 11:12 amDavid Ogden Stiers!
AD-RtR/OS! (7fc5e6) — 12/22/2011 @ 11:20 amThe left don’t pay their taxes……….jail time doesn’t change it.
Dohbiden (ef98f0) — 12/22/2011 @ 12:25 pmjanet robinson
Colonel Haiku (8699c3) — 12/22/2011 @ 12:38 pmno gold pavements, tired starlings
smile on her leaving
Love how a temporary payroll tax cut is good but if it is permanent it is evil.
Dohbiden (ef98f0) — 12/22/2011 @ 1:07 pmWhere is the NY Slimes to call out the muslim on muslim violence in Iraq?
Palestine hates Israel because the Koran states that all infidels are enemies NY Slimes.
Dohbiden (ef98f0) — 12/22/2011 @ 1:09 pmThe New York Times is still being published??
Caesar Augustus (cb2d5b) — 12/22/2011 @ 1:50 pmI agree with Rick Perry decentralize the EPA.
Dohbiden (ef98f0) — 12/22/2011 @ 1:58 pmThe payroll tax cut for the middle class should be 12 months but that is evil.
Obama will approve Harry Reid’s raise.
Dohbiden (ef98f0) — 12/22/2011 @ 2:01 pmAnd I gotta love how Democraps according to the ultra-left need to to agree with the Republicans.
Dohbiden (ef98f0) — 12/22/2011 @ 2:03 pmdon’t need to agree with the republicans…………….Dadgunnit.
Dohbiden (ef98f0) — 12/22/2011 @ 2:13 pmdecentralize the EPA.
Refocus their mission to “Save Antarctica” – and move the HQ to McMurdo Sound.
AD-RtR/OS! (7fc5e6) — 12/22/2011 @ 2:28 pmLiberals grant holy status to non profit organizations. Janet was a key element in helping the NYT work toward that holy status.
Huey (4f7ef0) — 12/22/2011 @ 3:51 pmWell it seems some papers are oligarch friendly, like Lebedev’s Independent, and apparently Carlos
Slim sees the time that way;
http://nymag.com/daily/intel/2011/10/carlos_slim_grabs_a_little_bit.html
narciso (87e966) — 12/22/2011 @ 4:02 pmRick Perry is right it should be decentralized none of this save the polar bears malarky.
Dohbiden (ef98f0) — 12/22/2011 @ 4:16 pmFrom Carlos Slim’s puppy trainer;
Barack Obama’s arrogance resides in his eloquence — as a writer, thinker, symbol and story. He’s in thrall to the lyric poem of himself, and that accounts for his aloofness and disinclination to engage as deeply as some of his predecessors did in the muck of legislative politics.
narciso (87e966) — 12/22/2011 @ 5:57 pm“I do not begrudge Robinson her golden parachute, as she helped turn arund the paper’s fortunes…”
Me neither, but not for that reason.
It’s because it’s none of my business what they pay her, and it’s none of my business why they pay her.
Dave Surls (46b08c) — 12/22/2011 @ 6:04 pmI love when W during the 2000 campaign, asked Pinch, exactly how did you get your job;
http://www.nytimes.com/2011/12/18/opinion/sunday/bruni-newt-gingrichs-self-adoration.html?_r=1
But it’s a bit much when the MCA Universal Heir
narciso (87e966) — 12/22/2011 @ 6:12 pmVanden Heuvel, the Humble oil by proxy Arianna,
and other folks inveigh against the Top One percent
I should like to continue to profit from something I think
happyfeet (3c92a1) — 12/22/2011 @ 6:15 pmBad news guys… my secret is out.
Aaron Worthing (73a7ea) — 12/22/2011 @ 10:33 pmSorry to be off topic
Ethanol is causing food shortages……….why should we put corn into our cars?
We have enough fuel and coal to last for 140 years.
Dohbiden (ef98f0) — 12/22/2011 @ 11:07 pmBy the way your really not Aaron Worthing but are Chaz Bono?
Dohbiden (ef98f0) — 12/22/2011 @ 11:07 pmNuclear power is evil
/Leftys until the blackouts occur.
Dohbiden (ef98f0) — 12/22/2011 @ 11:17 pmWhile at NYTHQ, the Occupiers could marvel at the Pulitzer won for the false story about the success of Stalin’s farming program.
BillG (2c9baa) — 12/23/2011 @ 4:20 amThe one written while millions starved to death.
They do still display the prize, don’t they?
Social Security needs a complete overhaul.
It is a Ponzi Scheme in it’s current form.
Dohbiden (ef98f0) — 12/23/2011 @ 4:24 amIf Obama has his way we will all be starving.
Dohbiden (ef98f0) — 12/23/2011 @ 6:30 amhttp://online.wsj.com/article/SB10001424052970204552304577115122935934792.html?mod=googlenews_wsj
narciso (87e966) — 12/23/2011 @ 6:40 amOn second thought, that would be redundant;
http://wattsupwiththat.com/2011/12/22/nyt-reporter-engages-in-zany-conspiracy-theory-suggests-bloggers-knew-foia-emails-were-coming/
narciso (87e966) — 12/23/2011 @ 6:52 amAnd the NYT will be quick to accus eothers of Mccarthyism if they point out Kim Jong Il’s sons marxism.
Dohbiden (ef98f0) — 12/23/2011 @ 7:02 amaccuse others*
Dohbiden (ef98f0) — 12/23/2011 @ 7:18 amLet us raise minimum wage to $ 1 million………the midelc lass can be the 1%
Dohbiden (ef98f0) — 12/23/2011 @ 8:29 ammiddle class*
Dohbiden (ef98f0) — 12/23/2011 @ 8:29 amThe liberal mantra:
“Rules for thee, but not for ME.”
Repeat ad infinitum, ad nauseum.
IGotBupkis,Official Liberal Yogi (2fb1c2) — 12/23/2011 @ 7:08 pm>>> I agree with Rick Perry decentralize the EPA.
I agree with Chuck Berry, that The Great Big 0 has No Particular Place To Go.
… though I could happily offer some suggestions, if polite company would just leave the room for a few minutes.
Smock Puppet, 10 Dan Snark Master (fb9a7a) — 12/24/2011 @ 12:33 am