I'm hearing the Conde layoffs are throughout the entire company/departments, not just the folded mags. Also, there will be drinks later, and by later, I mean in about an hour. Bar TBD.
I don't really do the Gawker late night thing so much...I'm actually up waiting for something too stupid to mention...but what happened to that Cajun Boy dude? Didn't he use to have this gig at some point? Is this the same person, sans the silly moniker?
This is truly the most grammatically and factually challenged piece on Sam Zell I have ever read in my life. Speaking as a former LAT-er, who experienced the a-hole in real life.
@Foster Kamer: More like a replication, saying the thing Masbry would have said. Either that or maybe they have some video of him so he can testify from the grave.
You can't wipe out your secured loans with either Chapter 11 or 7, can you? I don't think so. She might be able to shaft the guy who delivers pizza, though.
In this market, I think $40 million is wildly optimistic. Also, her financial distress is well-known, there's blood in the water, and offers she'd get would be relentlesly low-balled. Definitely valuable properties, but with the imminent bill due, it's doubtful she could unload it all so quickly, and it would be at fire-sale prices even if she did. She seems to be waiting for one of her mogul pals to rescue her, a Geffen, Calvin, or Diller. So, where are they? Not returning her calls, I guess. Jann, are you there?
@resipsaloquacious: that was not passive-aggressive! i am seriously not as smart as him and i was weighing in on a story he's been amazing on because he's on vacation!
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Uh, snugbug? I know you, don't I.
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She should be responsible for her actions.
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