#N.y. courts slur seek root out series
The payments, reported here for the first time, are stark embodiments of the consequences of Ferro's actions that contributed to a series of crises at Tribune Publishing. The Chicago Tribune and Tribune Publishing moved out of the iconic Tribune Tower earlier this year. A spokesman for Ferro denied the incident occurred and called the claim "reckless allegations." This account of the evening is based on interviews with two attendees who separately say they heard Ferro make those remarks. Among them: the Southern California billionaire and civic leader Eli Broad, whom Ferro called part of a "Jewish cabal" that ran Los Angeles. Associates and peers say Ferro held ambitions that were wide-ranging, even audacious, given the newspaper industry's stiff headwinds.Īt the dinner, as at other moments, Ferro railed against those who he felt were impeding him - including perceived rivals and competitors. His own net worth was newly in the nine figures. In a private room, participants dined on seafood and steak while Ferro, then the company's chairman, held forth on his plans. The group of about 20 people trooped from Chicago's iconic Tribune Tower on Michigan Avenue to an upscale restaurant nearby.
in 2016, Chicago investor Michael Ferro convened a session of corporate leaders from within his own news empire, including chief news executives from such storied papers as the Los Angeles Times, the Chicago Tribune and The Baltimore Sun.
Several months after taking control of the troubled Tribune Publishing Co. Michael Ferro's actions contributed to a series of crises at Tribune Publishing, where he was its chairman and largest investor.ĭavid Paul Morris/Bloomberg via Getty Images
0 kommentar(er)
