The Heelers Diaries

the fantasy world of ireland's greatest living poet

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Location: Kilcullen (Phone 087 7790766), County Kildare, Ireland

Saturday, March 08, 2008

and now for something completely different

From Friday's Irish Times financial page:
"Johnstown Press the regional newspaper group, was hit by a bear raid yesterday. Its shares dropped 7.3 per cent to a nine year low of 169 and a half p, on talk it could breach banking covenants if the advertising market slows sharply."

The group owns the Leinster Leader.

I wonder what banking covenants are.
They sound complicated.

Memo to the Johnston Press: In a prize fight, the winner is the one still standing at the end.

2 Comments:

Blogger Schneewittchen said...

Ooh, you didn't put a curse on them by any chance did you?

12:08 AM  
Blogger heelers said...

No media group on earth can survive entirely devoid of talent.
J

11:30 PM  

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