"The Reader" Goes Bankrupt
Or rather, the company that owns "The Reader" has filed for Chapter Eleven in order to consolidate and restructure debt:
Creative Loafing Inc., owner of the Chicago Reader and five other weekly U.S. newspapers, sought bankruptcy protection after advertising revenue shrank for its print editions, Bloomberg News reported.
The closely held company listed both debt and assets of $10 million to $50 million each in Chapter 11 documents filed today in U.S. Bankruptcy Court in Tampa, Florida, where it’s based, according to Bloomberg. Creative Loafing took over the Reader last year.
Anyone who reads this blog knows how we feel about the print media. We don't feel that any of them would be a great loss to society in general. They are pretty much obsolete. "The Reader" had one shining moment two years ago that made us respect them, if only for a little while:
When Floyd Durr pled guilty in April to the sexual assault and murder of 11-year-old Ryan Harris, the book finally seemed closed on one of the most notorious criminal cases here in decades. But much remains uncertain. Including who killed Ryan.
By Steve Bogira
October 20, 2006
What Steve Bogira wrote was the closest thing to the truth that has ever been written (and unfortunately, probably ever will be written) regarding the Ryan Harris case. And even he left out many details that are known to Detectives, prosecutors, Terry Hillard, Corporation Counsel and a number of politicians who helped R. Eugene Pincham swindle the taxpayers for millions and subjected unknown future victims to a potential serial killer.
Labels: media
posted by SCC at 12:02 AM
12 Comments:
damn, am I gonna have to pay for a paper to use in my cats litter box now ???
Wasn't the Reader just bought out by a newspaper syndicate this past year? How can a paper that was a success for so long, go south so fast?
What'll we do now without all those ads for, shall we say, unusual liasons?
Socialism in the a capitalist world doe not work. I guess placing ads of the futon store does not pay the bills. But what am i gonna pack with when i move. Winter is coming and that paper comes in handy as a mat during the snowy days.
Holy Reader Batman!!!
Anyone in the printing business should seriously find employee elsewhere. The Computer Age is here. Soon you would even need a cop. Let the citizens protect themselves, how about a pilot program in the ghetto?
Rot in HELL Pincham!
Terry Hillard was by far the dumbest individual to be appointed Superintendent!
But he did whatever Daley told him to do.
Floyd Durr is not the only Durr brother in prison for rape. Eric Durr and Eddie Durr are also doing sentences for rape etc. A regular family of lover boys those Durrs.
I love the quote of their father, Monroe Durr, from the Chicago Tribune, June 21, 2006, "They are good looking young men, they don't need to go raping." Yeah Monroe, you raised a real great trio of young men. Three sons, all in prison for rape.
Eddie and Floyd Durr both took part in a rape of an 11 year old. Eddie got life in prison without parole for that and rapes on 8 other women. Floyd also got life without parole.
Young buck Eric only got 25 years so it is conceivable that the stud Eric will be out of prison some day to get to his 'lovin ways again.
Lover boy Eric Durr currently calls Menard Correctional Center home as does brothers Eddie and Floyd. Isn't that nice? The Durr brothers together again as a family. The whole Durr clan can see them all at once on visitor days
Eddie Durr's prison mug shot is priceless. check it out on "inmate search"on the IDOC site.
Anonymous said...
Rot in HELL Pincham!
9/30/2008 03:24:00 AM
Pincham should do more than rot in hell, I hope that crooked slimy fuck's soul is gang raped by demons for all eternity. I shouldn't be too sorry, because Pincham and the Reader ( aka the Chicago Bleeder)both went under this year.
I feel the need to empty my bowels. R Eugene, where's your grave? I already have my toilet paper, the Reader.
If anybdy wants some entertaining reading, check IARDC.ORG ,search Pincham, and check out the drunken, coked out follies of his like named son, little R Eugene Jr,the humiliated disbarred lawyer. Like father like son...bad apples don't fall too far from the tree. Once again, fuck you Pincham, stay dead and rot you miserable lying swindling fuck...you did IRREPARBLE harm to the legal profession, Northwestern Law, numerous police officers and the judiciary... I'm glad your wrinkled ass was booted off the bench!
The date of your death should be a national police holiday...I know I will be celebrating it every year.
When Floyd Durr pled guilty in April to the sexual assault and murder of 11-year-old Ryan Harris, the book finally seemed closed on one of the most notorious criminal cases here in decades. But much remains uncertain. Including who killed Ryan.
--------------------------------
what a story. I don't know the credibility of the reporter or whether he accurately depicted the facts in the case, but if he did, it would seem reasonable doubt would apply to everyone that might ever have been thought guilty.
You guys need to also check an article that ran in the Reader inside the same issue as the Oct 20,2006 story on Ryan Harris.
Great Article on a Chicago Police Officer who is involved in the Music Industry.
Unfortunately we don't hear enough Positive Spin on the Police!
They had a great crossword, very challenging.
I liked reading "Savage Love"
Good free paper to train puppies on.
Otherwise it wasn't worth shit.
Anonymous said...
Rot in HELL Pincham!
9/30/2008 03:24:00 AM
R. Eugene earned his place in Hell.
He is repeatedly being bashed on the head with a brick, then when he falls to the ground he gets his mouth stuffed with leaves. While he slowly suffocates he is violated sexually, until he dies.
Then the Devil brings him back and is starts all over again...for all eternity.
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