Nice corrective to the NYT's vulgar ("he lost money!") obit for Andre Schiffrin:http://www.mhpbooks.com/hail-farewell-andre-schiffrin/ …
@DougHenwood Right. But its part of insidiousness of capitalism that not making hugh profit is equated with losing money.
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@HeerJeet@DougHenwood another cardinal sin: maintaining profitability but not growing sufficiently, quarter after quarter.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@HeerJeet if you can't make the hurdle rate, you're out -
@DougHenwood@HeerJeet Reminds me of when Tribune Co closed NY Newsday--not b/c it lost money, but didn't make "appropriate rate of return." - Show replies
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