Saturday, February 23, 2008

New York Times hit-job on McCain hits stock more than McCain

Gray Lady down!

Yesterday's big lead story in the New York Times (NYSE: NYT) questioning Republican presidential hopeful John McCain's ethics surrounding his relationship with a female lobbyist, was nothing more than a political hit job and not only did it backfire as McCain is raising money off this story but also sent shares of the Times' stock slipping more than 6%.

No comments: