Hacker News Reader

This is sad news, even more so since NYT is likely to be rated as junk by Moody's... There aren't many ways out of this kind of mess.

Standard and Poor's just rated the bond as junk yesterday evening. Hopefully they find some way to make money, NYT is basically the only newspaper I read. http://www.reuters.com/article/bondsNews/idUSN23535859200810...