Times Takes Subprime Mexican Loan
The Times just borrowed $250 million from Mexican billionaire Carlos Slim, as anticipated. The interest rate? 14 percent. I pay less on my credit cards. Even more sad?
Mexican Billionaire's NYT Deal Leaving Sulzbergers on Shakier Ground
The New York Times appears to be on the verge of signing a deal with Mexican billionaire Carlos Slim to invest $250 million in the company. If your last name is "Sulzberger," be concerned.
Times Looking for Rescue by Mexican Monopolist
How desperate is the New York Times for cash? So desperate that the company's talking with shady Mexican billionaire Carlos Slim, already the fourth-largest shareholder, to give them "several hundred million dollars" more.
Carlos Slim's Shady Money Flows Into Times
Mexican billionaire Carlos Slim's $127 million investment in the New York Times Company made headlines this morning, but left unremarked upon, including by the Times itself, are the murkier aspects of how Slim made his fortune. Yes, Slim acquired control of telephone monopoly Telmex in 1990 when it privatized in part…
Mexican tycoon Carlos Slim surpasses Bill Gates as world's wealthiest man. [Herald Sun] Chinese women forced to reconsider whose sperm they desire. [China Daily]
