March 31, 2009

Chicago Sun-Times Files for Chapter 11

By admin

In this story , we learn about the latest chapter … chapter 11 that is … in the saga of the Conrad Black affair.

For those policy wonks in Ottawa who are even remotely thinking about extending a penny to the folks at CanWest, this should act as a reminder that this company (and other media companies in this country and the US) were having issues long before the "financial crisis" came along.