"Perhaps private philanthropists will step in and finance not-for-profit journalistic centres"

Ah - just what we need - more biased and partisan reporting in the Main $tream Media.

These newspapers are failing, in part, because they refused to cover the systematic corruption their international owners engaged in, to the detriment of all sorts of individuals and enterprises.

Now that they're getting their comeuppance, the sycophant corporate reporters want our sympathy?

I don't think so; not while they uncritically champion the bankster 'bailout' thievery we're now seeing.

A press corps that lies by omission isn't much better than no press corps at all.