The New York Times is now in corrupt, slimy Mexican billionaire (left) Carlos Slim's dugout. Slim bailed out the financially ailing Times, but as we all know, there's no such thing as a free lunch. Why would the Times hold out a tin cup to Slim after a 2007 editorial branding Slim a "robber baron?"Edward Wasserman Miami Herald: On page 45 of its ethics code, The New York Times offers its newsroom employees a sample letter to use in politely declining a gift. The letter explains that they may not accept ''anything of value from the people or groups they cover.'' Plainly, it believes the kindness of strangers can be harmful. Indeed, its code tells employees their most solemn duty is safeguarding the newspaper's reputation for integrity and independence. The limit on acceptable largess is $25 for them.And for their employer? Here the code is silent, so I can't say The Times broke its own rules by accepting $250 million last month from Carlos Slim, the Mexican multibillionaire who Fortune magazine figures is the richest person on Earth. But that's the best I can say for it. Slim already invested $120 million in September -- half of which vanished as the paper's financial condition worsened. Under terms of his latest outlay, he could end up the company's largest shareholder.
You knew I was a snake before you let me in...
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