Friday, April 24, 2009

As Intriguing as a Well Written Death Notice

Are you a newspaper reader? I know our numbers are fast dwindling. That saddens me as I find the ritual of reading the paper in the morning so grounding. It's a 40-year habit for me, begun at the dining room table on Sundays in Alexandria, Virginia, reading the comics, making our own caricature pen drawings on any B&W photo we could find in other parts of the paper, and pulling column inches and graphics with an artistic process called Silly Putty.

I read our local newspaper, the Marin Independent Journal, religiously. No longer for breaking news, of course. [That goes without saying, no?] But the local news, the local flavor, the death notices, the real estate, and, most notably nowadays, the legal notices of the latest homes being foreclosed upon.

A couple of months ago, I ranted about my lack of pity for those "losing" their homes due to their own greed. There are people who are just fine with walking away from the mess they've made, leaving it to the rest of us to pick up after them.

I have an image in my head of this tough guy wannabe who's a vice president at a major metro newspaper that has been bleeding red ink since 2000. He showed up in 2005, if I recall correctly. He came in as the heir apparent to a big department. I'm not sure if the department ruler he later usurped knew what was to come when this guy arrived. Just about everyone else figured it, that's for sure.

He's been the vice president of that department for several years now. In the end, his department will be downsized and outsourced down to zip. I can't imagine that his position can continue to be justified much longer, if it could have ever been. His house appeared in the legal notices in the IJ this morning. A trustee's sale is a'comin'. He and his lovely wife are defaulting to the tune of $1,167,500.09.

WTH? Really, dude, WTF?

The man got a sweetheart deal from the family enterprise which owns the Chronicle. His old pal, the man named publisher in late 2004, made sure of it, I'm sure. The newspaper has lost more than $200 million while they and others have been at its helm. How much have they partied hardy on with other people's money? Professionally? And, obviously, personally?

Too bad he couldn't get an employee discount on the foreclosure ad by running it in the Chronicle. That would have lobbed off at least the nine cents.

5 comments:

Kay said...

tell it as it is...good for you!

Momisodes said...

$1,167,500.09?
Yeowza.
Seriously. WTH?
I love the $.09 cents.

CrAzY Working Mom said...

I just can't imagine...

I'm with Momisodes. The nine cent jab cracked me up! *LOL*

Coal Miner's Granddaughter said...

$1.1 million?

Dude.

D... said...

Holy Cow. Talk about greed.

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