After behaving like an an arrogant, vulgar asshole from the first day he purchased the Chicago Tribune in 2007, CEO Sam Zell admitted today that he made a mistake.
Well, you paid a grillion dollars for the company two years ago, and now it's bankrupt. Big man!
Then, asked whether there might be a buyer for the company, Zell said:
"That's like asking someone in another business if they want to get
vaccinated with a live virus. There's not a long list of
people who want to buy newspaper companies today, and for sure it's not
likely to be the case until we reach some kind of a new bottom as to
what the newspaper's role is going to be in our society going forward."
Now, here was Zell a year or so ago at an employee town hall meeting at the Tribune-owned Orlando Sentinel.
Hey Sam: Fuck you back.