See what happens folks when you snuggle up with realtors? When your real estate articles are cheerleading pieces meant to drive realtor commissions and fake home prices, instead of protecting consumers? When your economic model rested on real estate ads and furthering a classic Ponzi Scheme?
Good riddance to the reporters who didn't do their jobs. Good riddance to the editors who screwed a city. Good riddance to the sales execs who couldn't say no to unethical and misleading REIC ads. Good riddance to a failed business model and a defective product.
Seattle PI and the Rocky Mountain News down. Hundreds more to go. Say goodbye to your local
Seattle Post-Intelligencer ends 146 years of print product, goes Web-only
SEATTLE (AP) -- The Seattle Post-Intelligencer, which has chronicled the news of the city since logs slid down its steep streets to the harbor and miners caroused in its bars before heading north to Alaska's gold fields, will print its final edition Tuesday.
The P-I had 181 employees, but Managing Editor David McCumber said the Web site would employ about 20 in the newsroom operation and another 20 to sell ads. He said he would not be working on the new site.