"The newspaper business is awful, the economy is not helping, USA Today is not having a good year, the local newspapers are not doing well. They’ve done what they could, but they’ve been really swimming upstream."
-- Douglas Arthur, managing director at investment banking firm Evercore, in a new Washington Post story about newly appointed CEO Gracia Martore. The Post also quotes yours truly saying: "If the board wanted big change, they would have looked for someone outside the company. But I think what they wanted was more of the same."