Article source for : Toledo Blade's owner rated one notch above junk
Excerpts from a lengthy Sep 12, 2008 editorial by Michael Miller at the Toledo Free Press titled "Another block in the wall, part III":http://www.toledofreepress.com/?id=8636 :
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The Blade then adds, "the costs cited by United Way for demolition and construction of a new building one-fourth the size don't, to our way of thinking, add up."
We should talk sometime about the financial "way of thinking" of *Block Communications*, which according to "Editor & Publisher":http://www.editorandpublisher.com/eandp/news/index.jsp is among "the list of companies whose debt Moody's now rates as junk bonds, or just one notch above junk."
Maybe "Just One Notch Above Junk" should replace "One of America's Great Newspapers" on The Blade's front page.
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br. For over year, the Toledo Blade has been "trying to save":http://toledotalk.com/cgi-bin/tt.pl/article/22016/Toledo_Blade_Seneca_County_courthouse_coverage the Seneca County courthouse from demolition.
This summer, the Blade has begun a "crusade":http://toledotalk.com/cgi-bin/tt.pl/article/22747/United_Ways_New_Building_Plan_Debate to prevent the United Way from demolishing its own building. And it seems the Blade has called on some local politicians to help with the cause.
The Blade is now fighting a two-front war on saving buildings.
br. In other Toledo Blade news ...
* "Unprofitable for a quarter of a century":http://toledotalk.com/cgi-bin/tt.pl/article/15500/Newspapers_continue_to_report_big_declines_in_circulation#Toledo_Blade_Finances
* "Declining circulation numbers":http://www.toledotalk.com/cgi-bin/tt.pl/article/19322#19376
* "Editorial board hypocrisy about voting":http://toledotalk.com/cgi-bin/tt.pl/article/21272/The_hypocrisy_of_the_Toledo_Blade_editorial_board
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