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Post# of 92667
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EZ2

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Re: Tin-Berrygood post# 91508

Monday, 05/21/2012 9:19:29 AM

Monday, May 21, 2012 9:19:29 AM

Post# of 92667
Darn, does this mean the ride is over? <vbg>

Historic book publisher Houghton Mifflin Harcourt files for bankruptcy in order to try to eliminate a whopping $3B in debt. The company made a late bid to jump into the electronic books market with an Amazon (AMZN) publishing deal, but couldn't make headway with the debt it piled up while hardcover book sales plummeted due in large part to the influence of its newfound partner.

"It isn't to evil dictators with a lust for power that Americans have been slowly surrendering their autonomy. It is to well-intentioned authorities who believe sincerely that our freedoms must be circumscribed for our own good."
~ Jeff Jacoby

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