Tuesday, May 5, 2009

Extra, extra- White House won't bail out newspapers

It's official: No bailout for our industry, and few journalists were expecting one for the Fourth Estate.
Click here for the details:

The White House on Monday expressed "concern" and "sadness" over the state of the ailing US newspaper industry, but made clear that a government bailout was not in the cards.

"I don't know what, in all honesty, government can do about it," White House spokesman Robert Gibbs told reporters. "That might be a bit of a tricky area to get into given the differing roles.

No comments: