One More Reason The New York Times Deserves 2005’s “Fiskie” Award
Little Green Footballs is taking nominations for their Annual Robert Fisk Award for Idiotarian of the Year (”Fiskie” for short).
Michelle Malkin has a great recitation of reasons why The Times is so deserving of taking 2005’s coveted prize, but overlooks one biggie:
Serial Abuse of Shareholders
S&P 500 performance for 2005 (through December 26) — up 4.68%
(data at link will change after today’s market closes)
NYT Stock close, 12/31/2004 — $40.80
NYT Stock close, 12/23/2005 — $26.40 (down yet again in Tues. trading)
Change — down 35.29%
Loss in shareholder value — over $2 billion
And here’s a one-year “Oh my God” chart for the graphically inclined (as of about 1:40 PM; not clickable; go to nasdaq.com, enter “NYT” in the symbol box, and click “Info Quotes” to get a quote; then select “Charts” from the pull-down menu to get a current chart):
Perhaps The Times needs to assign its crack staff to this “shocking” story.
Nope, scratch that — They would probably headline it as “$2 Billion in Value Disappears at Heroic Media Company: Is Bush to Blame?”
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UPDATE: Another day, another $30 million-plus in shareholder value burned off — NYT stock closed down another 22 cents today, falling to $26.18.
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Other Times-related Blasts from the Past:
- One More Reason The New York Times Should Be Paying YOU $50 If You Get TimesSelect
- Nicholas Kristof and Mao: He Just, Can’t, Let, Go
- There May Be More “Black Tuesdays†in The New York Times’ Future
- The New York Times-Washington Post Headline-Sharing Conspiracy Vindicates Their Longtime Critics
- If It’s Monday, There Must Be At Least Three Obvious New York Times Errors, Omissions, or Hilarities to Report
- New York Times Running Out?
Douchebagarian of the year nominees
Little Green Footballs has put up it’s nominations for the “LGF Annual Robert Fisk Award for Idiotarian of the Year“.
Idiotarian, of course, a negative thing to call someone (apparently).
And is, without a doubt, an ad hominem argu…
Trackback by Bryan O'Bryan — December 27, 2005 @ 2:05 pm
#1, another constructive contribution from The Left, as usual (/sarcasm).
Comment by TBlumer — December 27, 2005 @ 2:30 pm