http://finance.yahoo.com/news/The-New-York-Times-Company-bw-14416939.html

The New York Times Company’s Board of Directors today voted to suspend the quarterly dividend on the Company’s Class A and Class B common stock. In November 2008, the Company reduced the payout level of its fourth-quarter dividend to $.06 per from $.23 per share in the third quarter of 2008.

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Comment by Smitty on March 4, 2009 at 9:50pm
Jim Cramer: We're going lower. I think we could bounce periodically, but this is a bad market, and I don't think people should be counting on it for anything positive.

Lauer mentioned Cramer's earlier words of praise for Obama, and Cramer responded, "We have an agenda in this country now that I would describe as being a radical agenda. I think that we had a budget that came out that has put a level of fear in this country that I have not seen ever in my life, and I think that changed everything."

When Lauer responded, "So the polices are not shareholder-friendly?" Cramer offered a classic bug-eyed response: "Shareholder-friendly? This is the most, greatest wealth destruction I've seen by a president! . . . The stock market is the country right now! This is where people's wealth is, this is their pension plans, their 401ks, their IRAs!"

On Election Day 2008, the Dow Jones Industrial Average closed at 9,625.

On Inauguration Day 2009, the DJIA closed at 7,949.09
Comment by Jim Werbaneth on March 4, 2009 at 9:43pm
It actually more objective and less partisan than the crapola that Ed Rendell has been putting on the Commonwealth of Pennsylvania web site ever since he waddled into Harrisburg. Still, is it the Department of Education, or the Ministry of Propaganda and Public Enlightenment?
Comment by Smitty on March 4, 2009 at 9:30pm
http://www.ed.gov/policy/gen/leg/recovery/index.html This I find scary....
Comment by Bill on February 27, 2009 at 11:20pm
Thats a shame isn't it. Here in Rutland VT. the local rag (a paper the New York Times would love) is known as the Russian Herald. As of a week ago it raised its price to a buck .
Comment by Chris Gammon on February 23, 2009 at 1:03am
Nope!
Comment by Jim Werbaneth on February 22, 2009 at 10:07pm
Would that make it any different than it already is?
Comment by Ted Henkle on February 22, 2009 at 10:01pm
Great news indeed!

Unless of course, it gets government bail-out money and reopens as the "Ministry of Propaganda--NY Chapter." :)

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