NATIONAL ENQUIRER BANKRUPT???!!!! (Elvis, aliens distraught)

Yes, it could happen. The venerable scandal rag’s parent company is floating a bond to stave off bankruptcy. Yes, it’s focus was limited, primarily to sex scandals involving public figures (Bill Clinton, John Edwards), but it is to be hoped its unique voice won’t be lost. Preview below, unless you want to read the full report in today’s Report on Business.

Wall St. Journal, 28 August 2008

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