Monday, January 18, 2010

1580...Hope For Canwest

My sources [Bloomberg, CTV.ca and Reuters India] tell me that Senator Jerry Grafstein, who has been retired less than a month, is part of a consortium that is making a move to buy [at least some] of the Canwest Newspaper Group.

The esteemed Senator, an eminent writer his own bad self, is quoted as saying to Bloomberg that “I believe in the future of the newspaper business.”

The future is so bright I gotta wear shades.

WFDS

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