August 26, 2018

Freeing The Press

David Pecker, CEO of American Media, has received immunity from prosecution for information about the president and Michael Cohen.

Given this freedom of speech, who knows, beside the president and his erstwhile lawyer, what Pecker might have to say?

American Media itself, meanwhile, is in a perpetual struggle to restructure about $1 billion in debt. American Media is a holding of Chatham Asset Management, famed recipient of Governor Chris Christie's heedless investment of New Jersey pension funds in 2014 . Chatham Asset Management basically used looted pension funds to acquire a major interest* in the company Pecker runs, American Media. Inc., publisher of the National Enquirer and a host of other magazines and tabloids.

*An interest which now included AMI's aforementioned perpetual struggle to restructure about $1 billion in debt, woe be to the pensioners.

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