NYT Co. Considers Asset Sales

Well, one supposes it’s better than bankruptcy (also, a corruption scandal!). The Financial Times is reporting that the New York Times Co. is “considering potential asset sales and is in discussions with lenders as it prepares for one of the ‘most challenging years’ in its history.” These asset sales, mind you, do not include the Times building, which the company announced on Monday it would be borrowing against. Nor do they include all the Barack Obama election issues which