A couple keen observations from A. J. Strata today. Is the NY Times “ethically bankrupt”? I’d have to say yes. Is the American public dissatisfied with both political parties? Hell yes.
Morgan Stanley Sells Entire New York Times Stake: Morgan Stanley, the second-biggest shareholder in New York Times Co., sold its entire 7.3 percent stake today, according to a person briefed on the transaction, sending the stock to its lowest in more than 10 years.
Voters unhappy with Bush and Congress: Bush's job approval rating fell to 24 percent from last month's record low for a Zogby poll of 29 percent. A paltry 11 percent gave Congress a positive grade, tying last month's record low.