“It’s just a flesh wound” mentality alive and well at Canwest

Well, there they go again. Saturday’s National Post contained a front page editorial proclaiming their financial success, all the while they are in bankruptcy proceedings filing court documents detailing their dismal financial straits. It’s not that I want to see the National Post go down (the last four pages of the front section are the best editorial commentary in English language media.) I just wish they faced up to their financial straits, and found a buyer who can pay down the debt and keep the media business going.

New York Times, via Media Decoder, October 31 2009

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