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Lee filing bankruptcy

Discussion in 'Journalism topics only' started by SF_Express, Dec 2, 2011.

  1. SF_Express

    SF_Express Active Member

  2. Stitch

    Stitch Active Member

    Big businesses are praised for skirting out on debt, but if an individual does the same, they are bad people.
     
  3. HanSenSE

    HanSenSE Well-Known Member

  4. BillyT

    BillyT Active Member

    Got one of their papers in our town.
     
  5. Tarheel316

    Tarheel316 Well-Known Member

    Sure seems that way Stitch.
     
  6. LanceyHoward

    LanceyHoward Active Member

    I read somewhere once that the safest mortgage loan was to the salesman. The riskiest was to the general manager. People from lower socioeconomic groups tend to treat debt as a moral obligation. More affluent people treat it as an investment decision. If the underlying collateral drops in value the affluent are more likely to cut their losses.

    I don't know if this is true. But what was the editorial position of Lee on mortgage relief?
     
  7. Drip

    Drip Active Member

    I hear ya. WTF is up with that?
     
  8. micropolitan guy

    micropolitan guy Well-Known Member

    The story I read said the debt was being restructured, with the approval of 94 percent of the creditors, and that all creditors will be paid.
     
  9. Steak Snabler

    Steak Snabler Well-Known Member

    I thought this thread was going to be about Jarrett Lee ... or Cliff Lee ... or maybe Bruce Lee ... or about 100 other people before I would have thought of Lee Enterprises.
     
  10. SportsGuyBCK

    SportsGuyBCK Member

  11. SF_Express

    SF_Express Active Member

    Hence the placement on the journalistic topics only board. Clears the confusion from the outset.
     
  12. LanceyHoward

    LanceyHoward Active Member

    Then why are they hiring bankruptcy attorneys?
     
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