Corzine weighs in on Ledger woes
By Matt Friedman, PolitickerNJ.com ReporterWhile Governor Corzine makes occasional campaign stops for Barack Obama touting an economic plan that will create new jobs, New Jersey faces a potential loss of 2,000 jobs if The Star-Ledger and its sister publications go under.
The Ledger’s management has already threatened that it may need to either be sold off or close shop altogether if it can’t hammer out a contractual agreement with its drivers union by October 8th.
But when asked if there’s anything the State of New Jersey can do to help its largest newspaper, Corzine said that his hands were, for the most part, tied.
“We can’t bail them out. If you want a bail out you have to go to Washington these days. There’s plenty of that going on there,” he said. “But if there were economic support programs that would keep jobs in New Jersey – we have programs that will help make that happen, but we can’t bail out the shareholders or the owners of the Star-Ledger. That’s what free enterprise is about.”
Corzine said that the newspaper faces problems endemic to its industry, and will likely need to undergo a painful adaption to the new media.
“There is a restructuring that is going on in the media businesses that is moving more towards the internet. So corporations that haven’t necessarily adjusted as effectively to that as would otherwise be the case have not necessarily done so well,” he said. “I’m not into giving The Ledger its business strategy, but I think they’re going to have to work on making sure that they’re attuned to current distribution of information.”
Contributors
Wally Edge
Twelve New Jersey legislators, all from districts that are not especially competitive in general election contests, face potential obstacles in their ... >
Bob Torricelli
It's hard to not be concerned these days. We've all witnessed frustration with our institutions before but I never remember anything of this ... >
Michael Patrick Carroll
Instead of borrowing trillions to waste on make-work governmental projects, stimulate the economy with tax cuts. >
Debbie Holtz
Score one for the Governor’s public relations team. For the last few weeks, they have been working overtime to fuel speculation Corzine was being ... >
Dr. Joseph Marbach
I am pleased to report the results from the first national poll conducted by Environmental Studies Program in the College of Arts and Sciences at ... >
Rob Tornoe
Michael P. Riccards
In December 2008, the Holy See released a new document dealing with bioethics called “Dignitas Personae.” This “instruction” from the ... >
Joey Novick
Hard to believe we have arrived at the last year of the first decade of the 21st century. Boy, seems like it was just yesterday that Bush was handed ... >
Juan Melli
It's actually come to this: A panel convened by the legislature of the State of New Jersey has concluded that discrimination is not good. Maybe ... >
Carla Katz
As it tends to, history seems to be repeating itself as 240 laid-off workers at Republic Windows and Doors in Chicago revive a decades old tactic -- ... >
Patricia Quattrocchi
Many columnists write a "year in review" or a "predictions" piece for the New Year, however I decided to refrain from going down ... >
Murray Sabrin
Five Democrat governors including New Jersey’s Jon Corzine and New York’s David Paterson have called upon the incoming Obama administration to ... >
Poll
PolitickerNJ Partners
Hot Topics
| Politicker INTERACTIVE | |
 |
Lawmaker Profile Follow the funding of your representatives |
 |
270 to Win See how Obama got to the magic number |
Most Active Stories
- Healy and Stack and the late Glenn Cunningham
- Lance to resign state senate seat tomorrow, to be sworn in to Congress Tuesday
- In familiar setting, Christie tells Raritan, 'I look forward to working with all of you'
- Kyrillos: 'We need a leader like Chris Christie'
- Lonegan camp says they qualify for matching funds
- Bateman stays neutral in Doherty-Karrow 23rd District scrum
- Merkt fights perceived Christie canonization in Passaic County
- Holt decides to run for assembly instead of state senate
- Reilly joins Codey staff
- Manzo to unveil slate next week
- Correction: Weiner departure was not his own idea
- Torricelli on COAH
- Two N.J. super delegates go to Obama; Norcross backs Obama; key Clinton supporters endorse Obama
- At energy policy meeting, Rose fights with cabinet and walks away
- Sixteen Democrats are on Norcross' short list for Andrews House seat
- Jackson will be Corzine's new Chief of Staff
- Roughneen in court today on signature challenge
- Obama bundler says he lost $25 billion of N.J. pension funds
- Weinberg loses life savings in Madoff Ponzi scheme
- New Jersey's Most Powerful Law Firms
Quote of the Day
"Uh, listen. Rod Blagojevich is going to jail. It’s really just a matter of when and he’s trying to leverage this and so his lawyer, as much as he can to get the best deal he possibly can." -- Former U.S. Attorney Christopher Christie, who until just recently did not comment on pending federal investigations.
Recent Press Releases
In the News
Read the expanded Wake Up Call, our summary of today’s news media coverage.
Today’s Must Reads:
The City Boss Becomes the Country Boss ― DICK BENFIELD...MUST READ
Ferriero's support a curse for Kasparian? ― CHARLES STILE...MUST READ
Trenton must stop thinking outside box― DOUG FORRESTER
Three's a crowd, but one man isn't a party― ALFRED DOBLIN
Newspaper Shuns Web, and Thrives― DAN JACOBSON
Murder charge for Prisco― ANGELO PRISCO
Healy: Have yourself a merry little Christmas with my CD― JERSEY JOURNAL
Time for BCDO to clean up its act ― CHARLES STILE
Madoff investors will have trouble getting money back― FRANK LAUTENBERG
OBAMA'S ELECTOR ― ELECTORAL COLLEGE
Syndicate
you tried to bail out Lehman ....
Of course that was with pension money ,or did you forget that one
Friedman Another DUMBcrap Zombie
This post cannot be taken seriously all it does is spit out cWHOREzine's and the DUMBOcrap's talking points...
"While Governor Corzine makes OCCASIONAL campaign stops for Barack Obama..."
cWHOREzine has be absent from work since the DUMBOcrap primaries began. If Barry doesnt win he is stuck here in NJ. He knows the way he and his goons are running the state into the ground that not even he could afford to live here!!!
Corzine Gave Ledger Tax Money Already
Corzine is a tool. It was his administration that gave three quarter million dollars to the Ledger as a Customized Training Grant last year. That's taxpayer money he doled out to a private company whose CEO's make plenty already. He spends so much he doesn't even know who he is giving it to anymore. Moron.
Corzine Gave Ledger Tax Money Already
Corzine is a tool. It was his administration that gave three quarter million dollars to the Ledger as a Customized Training Grant last year. That's taxpayer money he doled out to a private company whose CEO's make plenty already. He spends so much he doesn't even know who he is giving it to anymore. Moron.
cWHOREzine
Yes the whole company was trained in the following courses
1. How to take a profitable well run business and use cWHOREzine management techniques to drive it into bankruptcy and
2. How to endorse a DUMBOcrap candidate for the US Senate regardless if they have a pulse, can control their bowel movements or they are in the US legally.
Its seems thay have mastered cWHOREzines techniques!!
Maybe Corzine can...
set up yet another advisory committee to study the problem with the Star-Ledger... I've never seen any governor establish so many committees that seek to do nothing more than further the entrenchment of State government in all aspects of NJ society...
Closings/ Nothing New
The Ford Plant in Edison Closed under the Dem watch and so did the GM plant in Linden.
This paper closing would be bad for NJ , but it would be a bit of justice considering how much the Ledger has affected the liberal slant in poltics in this State.
Corzine recieved alot of support from that paper and still does.
They are part of the problem!!!
Closings/ Nothing New
The Ford Plant in Edison Closed under the Dem watch and so did the GM plant in Linden.
This paper closing would be bad for NJ , but it would be a bit of justice considering how much the Ledger has affected the liberal slant in poltics in this State.
Corzine recieved alot of support from that paper and still does.
They are part of the problem!!!
How much will this cost the taxpayer?
This is a question we must ask whenever cWHORzine weighs in. Richie Rich only wants to spend, spend, spend.