Two years ago, the Washington Post company sold Newsweek magazine to Sidney Harman for the huge price of one dollar. That's right, the WaPo was so insistent on getting rid of Newsweek that it gave the property to Harman in exchange for his taking over responsibility for the debts generated by the magazine. Last year Harman passed away, and now his estate is pulling back from its support of Newsweek. Apparently, the self described journal of liberal thought is losing money even faster than Obama could have spent it.
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