Occupy the New York Times

posted at 9:58 pm on December 22, 2011 by Karl

Income inequality at the Progressive Death Star:

Janet Robinson, who will step down as chief executive of the New York Times Co on December 31, will receive an exit package in excess of $15 million, according to people familiar with the situation.

In addition to a $4.5 million consulting fee, the Times Co will pay Robinson $10.9 million in pension benefits that she accrued over 28 years of service, they said.

***

News of Robinson’s severance agreement comes during the same week that a wave of buyouts hit the newsroom of the flagship New York Times and the company disclosed that it was in talks to sell 16 regional newspapers to Halifax Media Holdings. More than a dozen newsroom staffers reportedly took buyouts, among them well-known bylines including sports writer George Vecsey, metro columnist Clyde Haberman, and business reporter Diana Henriques.

I do not begrudge Robinson her golden parachute, as she helped turn arund the paper’s fortunes, quickly repaying the $250 million bailout they took from Mexican monopolist billionaire Carlos Slim, and selling off noncore assets (Granted, the paper’s failure would not have bothered me much, either). But given that the paper finds it scandalous that Mitt Romney continues to profit from Bain Capital because the firm (gasp) turns some companies around by right-sizing them, some derisive laughter at the NYT’s expense is in order.

Indeed, looking at how the NYT runs piece after piece about storming the capitalist castle, the shrinking middle-class, moaning that most Americans are delusional for thinking they are the haves, and advocating an inequality tax, I wonder why the unwashed hipsters occupying Wall Street don’t shamble over to the NYTHQ, a progressive palace built for the paper on government-seized property and given $26.1 million in tax breaks. I do not wonder about the blind eye the remaining Timesmen and Timeswomen turn to the income inequality at their own business. After all, the NYT is now fixated on the issue everywhere but the paper for the same reason Team Obama is — they would much rather continue to curse the last three decades than defend the past three years.

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“as she helped turn arund the paper’s fortunes,”

Spell check is your friend, Karl…

Seven Percent Solution on December 22, 2011 at 10:03 PM

Hypocritical? Nah.
*foist*

predator on December 22, 2011 at 10:03 PM

— they would much rather continue to curse the last three decades than defend the past three years

Oh I am going to pla·gia·rize that…..

RAGIN CAJUN on December 22, 2011 at 10:03 PM

Crap. *secoind*

predator on December 22, 2011 at 10:04 PM

I think the golden parachute for working at the NYT should be paid in slim jims.

AllahsNippleHair on December 22, 2011 at 10:05 PM

After all, the NYT is now fixated on the issue everywhere but the paper for the same reason Team Obama is — they would much rather continue to curse the last three decades than defend the past three years.

Yep. Of course, the only ones Occupy-ing the NYT these days are mackerel.

Flotsam Jetsome on December 22, 2011 at 10:06 PM

Spell check is your friend, Karl…

Seven Percent Solution on December 22, 2011 at 10:03 PM

First, and a spelling nazi jibe? Dayyam!

Flotsam Jetsome on December 22, 2011 at 10:07 PM

Hypocrited gonna be hypocrites.The NYT.

they lie on December 22, 2011 at 10:08 PM

By the way Karl…

… What is this “New York Times” that you speak of?

/

Seven Percent Solution on December 22, 2011 at 10:09 PM

Hypocrites gonna be hypocrites. NYT.

they lie on December 22, 2011 at 10:10 PM

I love these slams on the NYT. HA would starve without NYT linky bait.

lostmotherland on December 22, 2011 at 10:10 PM

First, and a spelling nazi jibe? Dayyam!

Flotsam Jetsome on December 22, 2011 at 10:07 PM

It helps if you read before posting…

… Just sayin’.

:)

Seven Percent Solution on December 22, 2011 at 10:11 PM

It helps if you read before posting…

… Just sayin’.

:)

Seven Percent Solution on December 22, 2011 at 10:11 PM

Heh. As a noob here, I always find myself verbalizing “preview is your friend” before submitting. :)

Flotsam Jetsome on December 22, 2011 at 10:20 PM

Articles like these are only useful for getting conservatives riled up. Sure it exposes hypocrisy by the NYT that if done by the Right would be used by the MSM to crush an outlet like FOX News. Ultimately nothing matters until the MSM starts reporting honestly and they never will. At some point, the MSM has to be made irrelevant or dismantled.

Aplombed on December 22, 2011 at 10:22 PM

The NYT is getting cheap enough for a buy by a conservative conglomerate or by Rupert Murdoch, himself. Would that be sweet justice?

TXUS on December 22, 2011 at 10:30 PM

I love these slams on the NYT. HA would starve without NYT linky bait.

lostmotherland on December 22, 2011 at 10:10 PM

Nah, NYT is just low hanging fruit in a target-rich environment.

mad scientist on December 22, 2011 at 10:31 PM

Laugh , chuckle , smile if you will .
To some of us in in the Hearld Tribune area this is no joke .
Folks in our area read this crap and believe it .
I have no truck ( ok young ones , look it up ) with a one sided diatribe of
NYT puke .

Lucano on December 22, 2011 at 10:32 PM

Janet Robinson, who will step down as chief executive of the New York Times Co on December 31, will receive an exit package in excess of $15 million, according to people familiar with the situation.
==========

Where is all the Lefty Manufactured Astro-Turfy OutRageous
OutRagey Angry,and Angst,of this womens “Exit Package”!!

In all fairness,shouldn’t this women,feel the heat,and be
harrassed,as it is clear,that she is obviously waaaaaaaay
up there,near the Extremely Filthy Dirty Rotten Rich one
percent’er!!!

canopfor on December 22, 2011 at 10:43 PM

I do not begrudge Robinson her golden parachute, as she helped turn arund the paper’s fortunes…

Dude, their stock dropped 80% during her tenure; if that’s success at turning “arund” (heh!) their financial status what would you consider a failure?

TC@LeatherPenguin on December 22, 2011 at 10:44 PM

some derisive laughter at the NYT’s expense is in order.

c’mon….honestly…….when is it not?

Tim_CA on December 22, 2011 at 11:22 PM

As far as I can tell, the OWS’ers are pretty knowledgeable about not turning on people on their own “side.” (Or at least someone is cluing them in to who those are.)

It’s okay if they or the people they like get plenty of money.

Alana on December 23, 2011 at 12:15 AM

For some reason, I keep thinking of the NYT as “Maureen Dowd’s Rag.”

However did I arrive at that?

listens2glenn on December 23, 2011 at 12:46 AM

Who the hell subscribes to the NYT? They are dead ta me! Toilet paper is way more useful than the Times.

racquetballer on December 23, 2011 at 5:35 AM

Yep. Of course, the only ones Occupy-ing the NYT these days are mackerel.

Flotsam Jetsome on December 22, 2011 at 10:06 PM

And caged birds.

bugsy on December 23, 2011 at 7:02 AM

This is a great line:

…they would much rather continue to curse the last three decades than defend the past three years.

But this might be even more true:

…they would much rather poison the next three decades than defend the past three years.

Anabolic State on December 23, 2011 at 8:06 AM

Only when those with overpaid “positions” as US Senators and Representatives stop quoting the NYT, on their respective floors, will I say the paper is in trouble because only then will OWS “shamble over” there

Pardonme on December 23, 2011 at 8:43 AM

When will The New York Pravda become the Official Paper of the Federal Socialist Government? It is the UN-Official voice of the Federal Socialist Government now, but come on, it is bankrupt and taxpayers need to pay their fair share.

IowaWoman on December 23, 2011 at 9:42 AM

Alana on December 23, 2011 at 12:15 AM

For some reason, I keep thinking of the NYT as “Maureen Dowd’s Rag.”

However did I arrive at that?

listens2glenn on December 23, 2011 at 12:46 AM

However you got there, I wish you would have kept it to yourself.

/huddles in corner, weeping in fear.

Ergo Sum on December 23, 2011 at 10:08 AM

“I mean, I do think at a certain point you’ve made enough money.”

mel23059 on December 23, 2011 at 10:15 AM

I wonder which was/is the better newspaper. USSR Pravda or the NYT. I realize that comparing great newspapers is kind of like comparing great baseball hitters of different eras.

However, I’d have to say the USSR probably spent much less on education so duping an entire country would have been easier.

The thought did occur to me that many of our government school grads probably have less independent thinking cognative skills than someone than someone who started out in the field at age 7 and never stepped foot in a school.

I’d have to give the nod to the NYT.

acyl72 on December 23, 2011 at 10:49 AM

Spell check is your friend, Karl…

Seven Percent Solution on December 22, 2011 at 10:03 PM

How anal of you

Wade on December 23, 2011 at 10:50 AM

most Americans are delusional for thinking they are the haves

Funny how much of poverty truly is in the heart.

Axe on December 23, 2011 at 11:03 AM

Private company that did not take bailout funds from the government. How they choose to reward their CEO at retirement is up to them. The hypocrisy is rather galling, though. I would really like to see the NYT fail rather spectacularly. After a major scandal.

Jason Taylor Sacked You on December 23, 2011 at 11:15 AM

…the company disclosed that it was in talks to sell 16 regional newspapers to Halifax Media Holdings.

Robinson did what she could to stave off the demise of this coasting-on-past-reputation rag but this sell-off of regional properties is just a foreshadowing of the day the flagship trademark — the only item of value that will be left– is sold to a Singapore-based group who use it as the logo for their international penny-saver web site.

curved space on December 23, 2011 at 12:54 PM

Jason Taylor Sacked You on December 23, 2011 at 11:15 AM

Second that.

dentarthurdent on December 23, 2011 at 12:58 PM

I can’t wait for the NYT story on her golden parachute. Wait, waddya mean that is not part of the news that is fit to print?

RickCaird on December 23, 2011 at 3:58 PM