A special report by Editor & Publisher finds that the nation’s newspaper chains are in deep when it comes to their pension funds. A.H. Belo is short by $575 million.
Just remember, Evan: when you’re ready to come back, we’ll still be here.
UPDATE: That number is too high. E&P has issued a correction.
Anyone ready for another brilliant strategy from “MAROON-EY” ?, thus the cuecat!
http://en.wikipedia.org/wiki/CueCat
I don’t think that number is right. According to the 10K, the pension is underfunded by $192 million. Just like every other pension plan in the world these days.