How often have we read in the NYT about greed on Wall St. and how evil bankers were for making millions while their businesses contracted. Well, add Pinch Salzburger to that list. His NYT has been on a death spiral ever since he took over the center-left newspaper and turned into a hard left rag suitable for parakeet cage lining. This from Future of Capitalism:
Arthur Sulzberger Jr.'s overall compensation as chairman of the New York Times Company "more than doubled to $6 million in 2009," reports Dow Jones Newswires. That during a year during which many Times reporters and editors, who make about $100,000 a year, were subjected to a 5% pay cut, and reporters at the Globe, who make less than those at the Times, took a 5.9% pay cut. . . .