Pundits & Peanut Gallery On How to Save the NY Times

May 12, 2009 9:45am

The quotes of today:

"Yesterday was really a breakthrough moment." — Health and Human Services Secretary Kathleen Sebelius, describing the White House session on health care reform

"The industry’s promises fell well short of the White House’s expansive claims. Yesterday’s announcement, despite the fanfare, shed little light on precisely how the industry and government might achieve $2 trillion in savings over the next decade." –  Ceci Connolly and David Hilzenrath, The Washington Post

"We hope that in two or three years we will be able to reflect on the banking system’s return to health with a sharply diminished reliance on government capital." — Ben Bernanke, Fed Chairman

"Every day for months now, pundits and peanut gallery members have weighed in on the subject of what The New York Times might do to save itself. The prevailing wisdom is that the Times — arguably the most influential and well-regarded newspaper on the planet — is in peril of disappearing, and jeez, if the Grey Lady can’t survive, who will, and what does that portend for the future of journalism?  But that’s an overstated view — in reality, the Times newspaper is holding up better than many of its competitors amid the media meltdown, and the company’s problems are largely corporate in nature. So a better question is: who might end up controlling the newspaper and what will they do with it?" — Richard Siklos, Fortune Magazine

"Thanks for salvaging my bracket and vindicating me before the entire nation." — President Obama, to the North Carolina men’s basketball team

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