Month August 2009

NY Times article on Hartford Courant firing Gombossy

The Hartford Courant, a once-fine newspaper, recently fired 40 year employee and consumer watchdog George Gombossy because he was about to print an article critical of an advertiser. While the NYT article maintains neutrality, it’s devastating to the Courant especially…

Dead banks walking

The FDIC has issued deadlines for bidders on the assets of two large banks, Guaranty and Corus. The deadline for Guaranty is today, and the bank has said it can no longer continue as a going concern and that stockholders…