(The Washington Post) Demoralized by rounds of job cuts, journalists at San Jose’s Mercury News and East Bay Times in Oakland, Calif., took their case to the public last month. At a rally in Oakland, they handed out a fact sheet detailing the “pillaging” of their papers, accompanied by a cartoon of an exec trying to milk an emaciated cow….a barely veiled swipe at the newspapers’ majority owner, a little-known hedge fund called Alden Global Capital….
As A Secretive Hedge Fund Guts Its Newspapers, Journalists Are Fighting Back
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