The AP takes a Story, Such as the Crystal L. Cox Blogger sued story, writes up one version of reality then sends it to ALL media outlets and the TV news who uses that same story without every looking into any of the documented facts.
Questions and Information Sent in By Reader.
"Mary Junck has been named to lead the AP Board. Looking at the 2010 financial report for AP I find that they reported a loss of $14,722,000 for 2010.
They also ended their defined benefit pension plan for new Employees on Jan 15,2006. Further, they have engaged in aggressive staff cutting measures. IF I am reading the income tax accounting correctly (and I'm NOT sure) , the AP didn't pay income taxes in 2010 and instead collected $7,762,000 in "welfare benefits" from the taxpayers.
I also see under Long term debt they have a revolving credit line of $200M - HMM... could this be used to keep LEE Ent. going by reducing AP costs to LEE newspapers while the AP goes into debt?
Might Mary Junck be able to raid the pension plan assets of the AP to use creatively to assist LEE with on-going income requirements?"
PDF on AP, Audit Commitee
http://www.ap.org/annual11/media/APFinancials10.pdf
http://www.ap.org/annual10/media/APFinancials09.pdf
Have a Tip On Mary Junck, Lee Enterprises, or anything in this post?
Email me at Crystal@CrystalCox.com
"Mary E. Junck, the CEO of newspaper publisher Lee Enterprises Inc., was named chairman of The Associated Press board of directors Thursday."
Source of Quote and Full Article
http://online.wsj.com/article/AP48df735707ab4371926aca568ff54688.html
This is Disastrous, Lee Enterprises funds corruption by printing lies, and paid by politics and big companies to cover up crimes.. in my experience. Lee Enterprise is the Kingpin of Corruption in towns and cities across this land, in my experience. Paid to print lies and protect corruption.
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