Well it looks like Brian Tierney is at it again. After word got out that he had cut a back room deal with Ed Rendell last year, which would have given his failing ego-venture The Philadelphia Inquirer a much needed injection of cash, Rendell backed off and left his friend stranded. Sources in Senator Casey's office, though, have indicated that Casey is working with his brother, an attorney who represents the Inquirer, to try and secure federal bailout money for newpapers -- specifically for the Inquirer.
DOES THE INQUIRER DESERVE YOUR HARD-EARNED MONEY?
In recent bankruptcy hearings, the $600,000/year CFO of Philadelphia Media Holdings (The Inquirer's parent company) told the court that he was underpaid, that he deserved the additional $5,000/ month he receives for housins, and that Brian Tierney's full time chauffer is a necessity. Do these people really deserve your taxpayer money to continue operating their failing business?
We would love to hear your thoughts. Please blog and tell us how you feel about the possibility of Senator Casey sponsoring a federal bailout for the Inquirer. If you believe that a bailout for newspapers in this economy is a bad idea, call Senator Casey's office at (202) 224-6324 and tell him NOT TO SUPPORT A BAILOUT FOR NEWSPAPERS.
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3 comments:
This is amazing.
I read in the Bulletin that The CFO, Thayer, also took 50 people to Europe a few months ago and charged it all to the Inquirer. These people are disgusting. They have laid off half the workforce, given themselves raises, and now they want our tax dollars to pay for it. I called Casey's office. Thanks for letting us know.
I remember when Rendell tried to give them the $10 million, then he spent months backtracking. This Tierney must have dirt on all the politicans. How else could he keep doing this?
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