Friday, 19 May 2023

Sam Zell, 81, Tycoon Whose Big Newspaper Venture Went Bust, Dies

With a fortune made in real estate, he went into the media business in a landmark leveraged buyout of the Tribune Company in 2007. Bankruptcy ensued.

from NYT > Top Stories https://ift.tt/AY8GqwF

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Fed Chairman Warsh Escapes Trump’s Ire Over Interest Rate Hike

The president blasted the rest of the Fed — and kept up his demand for a cut — but spared Fed Chairman Kevin M. Warsh from the criticism. ...