Readers' Digest To File For Bankruptcy

Tyler Durden's picture

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MsCreant's picture

This would be happening without the financial crisis. Print media is on its way out the door in general. This one would, of course, be one of the first ones to go. Too old fashioned even if the internet wasn't around.

Jacks Complete Lack of Surprise's picture

I heard print media was on its way out on talk radio, which tv supposedly made old fashion.

Ghettomedic's picture

The people who read Reader's Digest don't use the internet. It's marketed towards old people who want to be scared by the "10 Things Your Doctor Won't Tell You" headlines and laugh about the Humor in Uniform stuff. They have large print edition as well just for this audience. That audience, however, is dying off and becoming senile.

Anonymous's picture

to be replaced by another cohort of old senile
people who will die off....world without end...
or will they still be reading details into their
dotage?

Project Mayhem's picture

Haha co-investors included J. Rothschild  that's pretty fuckin' fail for the family that owns the Fed.  Enjoy the 75% haircut you satanic motherfuckers.

"

In 1980, Jacob Rothschild, 4th Baron Rothschild resigned from N M Rothschild & Sons and took independent control of Rothschild Investment Trust (now RIT Capital Partners, the UK's largest investment trust.) He went on to found J. Rothschild Assurance Group (now St James's Place Capital) with Sir Mark Weinberg in 1991.[9]"

Cheeky Bastard's picture

http://www.jewishwealth.org/   read all the people on the list ( there are not to many), and read the net worth Evelyn has ... and mind the source of that information ..

Anonymous's picture

Is Bernard Madoff on the list?

Project Mayhem's picture

Most of the people on that list would be Luciferian.  Interesting nonetheless.  In any case, I'm pretty sure Rothschild has more than $1.5 trillion -- but still, the idea that any one family has net worth in the trillions is somewhat mind blowing. 

 

Source: ** Federal Reserve Directors: A Study of Corporate and Banking Influence ** - - Published 1976

House Banking Committee Staff Report

 

"Chart 1 reveals the linear connection between the Rothschilds and the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stockholdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn, Loeb & Co. were the firms which set up the Jekyll Island Conference at which the Federal Reserve Act was drafted, who directed the subsequent successful campaign to have the plan enacted into law by Congress, and who purchased the controlling amounts of stock in the Federal Reserve Bank of New York in 1914. These firms had their principal officers appointed to the Federal Reserve Board of Governors and the Federal Advisory Council in 1914. In 1914 a few families (blood or business related) owning controlling stock in existing banks (such as in New York City) caused those banks to purchase controlling shares in the Federal Reserve regional banks. Examination of the charts and text in the House Banking Committee Staff Report of August, 1976 and the current stockholders list of the 12 regional Federal Reserve Banks show this same family control."

http://www.theforbiddenknowledge.com/hardtruth/ownership_federal_reserve...

 

In my opinion, the network of organized international corruption is not exclusive to any single group -- what these various criminal groups have in common is their worship of evil, and preference of fraud, deceit, murder, betrayal etc in order to accomplish their objectives. 

 

 

Cheeky Bastard's picture

all that + their 100% ownership of Gold Exchange. Meaning; not only is it terrifying that all gold is being transacted trough only 1 institution, but just imagine the daily amount of money that the owners " earn " from fees

phaesed's picture

wow, the rothschild's are in on reader digest? That's funny they'll fail, must be super long those CDS's.

Anonymous's picture
Anonymous Aug 17, 1:44 PM

Writers cramp, readers digest. In the belly of bondholders, courts & trustees.

The PacMan cometh. Gobbling good companies near you.

rabblerouse4's picture

unless

Risk as it pertains to ... ? Backstop behind the SLPz? So, conceivably, a "past ball" (not seen coming, i.e. flashed in a dark pool) thrown in the dirt could get by the catcher and roll how far (without a backstop)? There is no risk when Bernanke is the umpire behind the plate.
His message was being spread and gaining even more support...therefore he needed to be censored. Until we have guys like Black back as regulators nothing will change. We just

good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions

Anonymous's picture
Anonymous Aug 17, 1:49 PM

Reader's (in-)Digest(-ion)?

Sorry. Somebody cue the 'fail' sound from The Price is Right for that stinker. That was a bit predictable.

Anonymous's picture

LOL

Anonymous's picture
Anonymous Aug 17, 1:52 PM

Nothing exemplifies the junk rally like Rosetta Stone. Listen up other garbage discretionary stocks, this chart action awaits you

http://finance.yahoo.com/q?s=RST

Project Mayhem's picture

 

 

"It has now become clear that this was no ordinary crash. Iceland's special investigation into "suspicions of criminal activity" at the three banks is likely to stretch from Reykjavik to London, Luxembourg and the British Virgin Islands."

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/6034654/...

 

bruiserND's picture

 Thank you for the research.

Sound familar?

 

"the population is in revolt over the bill they have to pick up for the excesses of a few wealthy men.

So how are these investigations likely to end? One major issue faced by the investigators is the tightly-knit nature of the financial community, where family and friendship ties are everywhere. "

kidSmart's picture
kidSmart (not verified) Aug 17, 2:04 PM

today looks like its setting up for another EOD pumpfest. It would be nice to get a solid selloff.

Cheeky Bastard's picture

think not; the fuckers are just teasing the shorts to go heavy. they will trade sideways until 3:30 EST and then will ramp the bitch up, and the INDU will be -50. SPX - 7, and NASDAQ - 20 ... mark my words ... thats standard operating procedure ... seen it to many times in the past 5 months not to recognize it ..

Anonymous's picture

After watching Friday's close you'd need brass balls to hold short positions past 3:30.

Anonymous's picture

You'd need balls of brass to hold shorts past 3:30 after watching Friday's close.

ptoemmes's picture

What am I gonna read waiting for my proctologist appointment?

Oh wait - I don't need a proctolgist anymore either.

Thank you GS, JPM, the Fed, the Treasury, ...

 

Pete

chunkylover42's picture

Pete,

Are you sure you don't need a procto to get those guys out of your a$$?  I know I could use one for that reason...

MsCreant's picture

Cue Led Zep...

http://www.youtube.com/watch?v=xbJQT2eDseA&feature=related

Going down now, going, going, down......

I just want it to tank!

Is that bad?

Anonymous's picture
Anonymous Aug 17, 2:20 PM

Wait for EMI to kick it and give Guy Hands a nice blot on his record. Plenty of LBO disasters ready to implode Toys R Us maybe, Tumi, Jimmy Choo?

Anonymous's picture
Anonymous Aug 17, 2:26 PM

I've heard of recoveries shaped like V,W,L, and U. Leon Cooperman calls it the square root sign recovery.

This guy from DB says it will be a triple U. He sounds frighteningly realistic.

http://www.cnbc.com/id/32396144

Anonymous's picture

I think it's gonna be a zero.

ED's picture

Alphabet soup. I knew those Digests were good for something

Anonymous's picture
Anonymous Aug 17, 2:27 PM

Did not take long for the GS conspiracy horseshit to turn into Jewish conspiracy horseshit. Maybe the Rothschilds are in it together with GS?

TD could you please post the Protocols of Zion, as well as an extrapolation of its premises to an anlysis of the current situation with GS and the fall of the free markets? I believe some of your readers are dying for that shit.

Anonymous's picture

nah...I think most of us are fine with the goldman self dealing truth is better than fair dealing...keep pointing out the little things most of us miss due to time constraints

rabblerouse4's picture

Thanks, I saw the headlines on MW, and was wondering if there was a connection.

Risk as it pertains to ... ? Backstop behind the SLPz? So, conceivably, a "past ball" (not seen coming, i.e. flashed in a dark pool) thrown in the dirt could get by the catcher and roll how far (without a backstop)?

good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions

lizzy36's picture

As a MOT and a long time reader i can say with a great deal of confidence that their is an absolute lack of "Jewish conspiracy horseshit" on ZH. 

 

 

Cheeky Bastard's picture

lizzy, baby, WTF is a MOT

lizzy36's picture

cheeky,

mot means "member of the tribe". shorthand for being a Jew.

Cheeky Bastard's picture

lol, my mothers grandfather was Jewish, but he changed the last name to something more non-Jewish back in the 1890s. Thank for clarification about what MOT means and sorry for WTF part of my question.

lizzy36's picture

cheeky from you, no apology ever necessary.....i appreciated the wtf part.

Cheeky Bastard's picture

OK, thanks

 

I'm not the most tactical person when it comes to asking something or answering something; my style is ChiTown style ... and i can seem rude sometimes ...

lizzy36's picture

neither am i...

no worries. i enjoy your style.

curbyourrisk's picture

Die Cerberus.......DIE!!!!  I wanna see these bastards go down!

Anonymous's picture
Anonymous Aug 17, 2:56 PM

Does anyone beside me think that Reader's Digest going tits up at the very moment in time when His Royal Highness King Obammy nationalizes medicine is a coincidence?

There will be 2 million less waiting rooms under the new plan. That would account for the last 2 million RD subscriptions.

He's gonna need to bail them out. I'm sure of it.

Ghettomedic's picture

Everyone I know that reads Reader's Digest is either 1. A toothless pensioner who went back to work as a WalMart greeter when their "Can't lose in this market" portfolio crapped out in 2008 or 2. Deceased.

 

Other than that, there's the free copy I find in my doctor's office when I use the shitter.

My cognitive dissonance's picture

TD

They're printing what you wrote and putting it in Reader's Digest - Lifes Like That.

Should be good for a laugh.

rabblerouse4's picture

You'd need balls of brass to hold shorts past 3:30 after watching Friday's close.

Risk as it pertains to ... ? Backstop behind the SLPz? Until we have guys like Black back as regulators nothing will change. We just

good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions

mtremus's picture

I thought the recession was over?   Not

calgaryschmooze's picture

I don't have time to read Tyler's post.  Could someone please give me the Reader's Digest summary?

Anonymous's picture
Anonymous Aug 18, 6:45 AM

I hope the Chapter 11 filing was put in the 'YES' envelope.