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...bankrupt late last week. It had too much debt and too little operating income. The daily newspapers in Philadelphia have also filed for Chapter 11. There have been rumors, almost certainly untrue, that The New York Times (NYT) will run low on funds to pay its debt. In the case of The Times it has valuable assets to sell, but its situation deteriorates each quarter. By most estimates, its second largest property, The Boston Globe, loses $1 million a week...

Author: /time Magazine | Title: Does the News Industry Deserve a Bailout? | 2/23/2009 | See Source »

...case has not been made, and it should be, that the strategic value of the print media comes from the centuries that it has served as a check and balance to the central government both in the United States and elsewhere. The most obvious example of this is the reporting on Watergate done by The Washington Post, but the tradition is longer and deeper than many people remember. William Randolph Hearst may have been one of the most reprehensible publishers in history, but he was instrumental in building a level of public opinion that prevented FDR's plans...

Author: /time Magazine | Title: Does the News Industry Deserve a Bailout? | 2/23/2009 | See Source »

...president’s behest, we have become a “service nation.” At least this appears to be the case from the effusive selflessness that has filled campus bulletin boards and open lists since the dawn of the new liberal epoch. With a shocking suddenness, the undergraduate gaze has swung from Manhattan penthouses to Mississippi shantytowns. City Year is now a more desirable employer than Citigroup. The increasingly social spirit of our generation is undoubtedly a good thing. But it is not nearly good enough...

Author: By Garrett G.D. Nelson | Title: Beyond Service | 2/23/2009 | See Source »

...people, this declaration can become decidedly too real: Take the extreme example of the London resident who hacked his estranged wife to death with a meat cleaver last October after she changed her Facebook relationship status to “single.” Psychotic tendencies aside, this tragic case demonstrates the reality-making power of labels and begs the questions: What makes the online construction of a relationship status any less ephemeral or more valid than the online construction of a new, and inauthentic, persona? Since when did a relationship have to be publicly confirmed and classified in order...

Author: By Courtney A. Fiske | Title: Relationship Status on Facebook: | 2/23/2009 | See Source »

...Crazy, right? In case you aren’t a women’s hockey aficionado, a little bit of context...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: TO SAY THE LEIST: Harvard In Prime Form for Playoffs | 2/23/2009 | See Source »

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