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Tuesday, January 29, 2008
Sheffield Still Flailing Away at NYT Stock Structure
Topic: NewsBusters

A Jan. 28 NewsBusters post by Matthew Sheffield continues his flailing away at the New York Times Co.'s stock structure, in particular praising "Morgan Stanley's audacious attempt to end the Times's dual-class share system which enables the radical leftist Sulzberger family to continue running the paper into the ground by giving it almost-exclusive control of the NYT Co.'s board of directors."

As we've noted, Sheffield never criticized the pre-Rupert Murdoch structure of the Dow Jones Co., owner of the Wall Street Journal -- which had the same type of dual-tier stock -- all but admitting his double standard that his NYT criticism is based on what he thinks are its "radical leftist" policies, while Dow Jones while not taking the Journal's right-wing editorial pages into consideration.

Posted by Terry K. at 1:43 AM EST

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