Zell to L.A. Times: Drop Dead

lareviewofbooks:

LAURIE WINER

on the dismantling of a once great newspaper.

James O’Shea
The Deal From Hell: How Moguls and Wall Street Plundered Great American Newspapers


Since it seemed it couldn’t get much worse, Los Angeles Times editor-in-chief James O’Shea decided to look on the bright side. It was 2007, and the newspaper had a new owner. He was Sam Zell, an iconoclast, as they call rich older men who ride motorcycles and wear leather jackets, whether they look good in them or not. Maybe Zell would be iconoclastic in the right way, you know, odd but decent and smart, useful, so O’Shea phoned the Chicago businessman about giving the Times an in-person interview. Zell agreed. O’Shea then offered to pick up his new boss at the airport. Zell declined, informing O’Shea that his personal jet could easily deposit him near his beach house in Malibu.

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More nausea-inducing tales of how corporate greed is fucking things up for the rest of us, starring (surprise!) Sam Zell. In all seriousness, this is depressing and important.

Text tagged as: corporate_greed la_times sam_zell reblog - Reblog from lareviewofbooks
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  4. hettie reblogged this from thediscography and added:
    the excerpt above is beautiful and I wish these principles would still be applied. But they haven’t been for at least in...
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    Laurie Winer, dead on it.
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    More nausea-inducing tales of how corporate greed is fucking things up for the rest of us, starring (surprise!) Sam...
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