Wednesday, February 20, 2008

CEO Sam Zell to Tribune workers: 'This is a crisis'

Tribune Co. Chairman and Chief Executive Sam Zell's tour of company properties brought him back to Tribune Tower on Tuesday. His meeting with Chicago Tribune personnel reached a dramatic pitch when Public Editor Timothy J. McNulty told Zell his profanity-laced remarks elsewhere raised concerns among staff, particularly women.

Zell responded by citing his record of promoting women, then said those who fixated on his language missed the point. Tribune, he said, lost $50 million in cash flow, and newspaper revenue has suffered a steep decline of late.

"I'm not disrespecting anybody. I'm trying to make everybody uncomfortable," Zell said. [Click for MORE]

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