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Warren Buffett seems to see a better fate for U.S. newspaper publishers than he did a few years...
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Thursday, April 12, 2012, 5:25 PM ETWarren Buffett seems to see a better fate for U.S. newspaper publishers than he did a few years ago, as Berkshire Hathaway's (BRK.A, BRK.B) purchase of loans in recently bankrupt Lee Enterprises results in a 4%-plus stake in the company. Buffett already owned the Omaha World Herald and Buffalo News and has been a major shareholder in Washington Post Co.
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The American people sure would like to know, seeing as you and the president are such buds and simpatico!
Sure, you might want to control the ebb and flow of news, but you can no longer influence it, let alone fabricate it!
We are wise to you pal!
We will not comply!