You are on page 1of 9

F R O M T H E PA G E S O F

Monday
October 5, 2009

Midnight in New York

Nine pages © 2009 The New York Times Visit The Times on the Web: www.nytimes.com

As Companies Sink, Investors Profit 8 U.S. Soldiers


For most of the 133 years since
its founding in a small city in Wis-
consin, the Simmons Bedding Co.
which bought Simmons in 2003,
has pocketed around $77 million
in profit, even as the company’s
But the load weighed down an
otherwise healthy company. To-
day, Simmons owes $1.3 billion,
Killed in Attack
enjoyed an illustrious history. Its
recent history has been notable,
too, but for a different reason.
fortunes have declined. THL col-
lected hundreds of millions of
dollars from the company in the
compared with just $164 million
in 1991, when it began to become a
Wall Street version of “Flip This
In Afghanistan
Simmons says it will soon file form of special dividends. It also House.”
for bankruptcy protection, as paid itself millions more in fees, In many ways, what private KABUL, Afghanistan — Insur-
part of an agreement by its cur- first for buying the company, equity firms did at Simmons, and gents attacked a pair of remote
rent owners to sell the company then for helping to run it. Last scores of other companies like it, American military bases in Af-
— the seventh time it has been year, the firm even gave itself a mimicked the subprime mort- ghanistan over the weekend in a
sold in a little more than two de- small raise. gage boom. Fueled by easy mon- deadly battle that underscored
cades — all after being owned for Wall Street investment banks ey, not only from banks but also the vulnerability of the kind of iso-
short periods by a parade of dif- also cashed in. They collected endowments and pension funds, lated bases that the top American
ferent investment groups, known millions for helping to arrange buyout kings like THL upended commander there wants to scale
as private equity firms, which try the takeovers and for selling the the old order on Wall Street. It back.
to buy undervalued companies, bonds that made those deals pos- was, they said, the Golden Age The commander, Gen. Stanley
mostly with borrowed money. sible. All told, the various private of private equity — nothing less A. McChrystal, is pressing for
For many of the company’s equity owners have made around than a new era of capitalism. a change in strategy that would
investors, the sale will be a disas- $750 million in profits from Sim- These private investors were shift troops to heavily populated
ter. Its bondholders alone stand mons over the years. able to buy companies like Sim- centers to protect civilians and fo-
to lose more than $575 million. How so many people could mons with borrowed money and cus less on battling the insurgents
The company’s downfall has also make so much money on a com- put down relatively little of their in the hinterlands.
devastated employees like Noble pany that has been driven into own cash. As though to reinforce his point,
Rogers, who worked for 22 years bankruptcy is a tale of these fi- Then, not long after, they often insurgents carried out a bold day-
at Simmons, most of that time at a nancial times. Every step along borrowed even more money, us- light strike on two bases on the
factory outside Atlanta. He is one the way, the buyers put Simmons ing the company’s assets as col- Pakistani border, killing eight
of 1,000 employees — more than deeper into debt. lateral — just like home buyers Americans and four Afghan secu-
one-quarter of the work force — The financiers borrowed more who took out home equity loans on rity officers in the deadliest attack
laid off last year. and more money to pay ever top of their first mortgages. For for American soldiers in more
But Thomas H. Lee Part- higher prices for the company, the financiers, the rewards were than a year, Afghan and American
ners of Boston has escaped un- enabling each previous owner to enormous. officials said Sunday.
scathed. The investment firm, cash out profitably.  JULIE CRESWELL The assault occurred less than
20 miles from the site of a similar
attack that killed nine Americans
Petraeus Reserved in Debate Over Afghan War last year, which had already be-
come a cautionary tale at the Pen-
WASHINGTON — Gen. Da- ing hourlong weekly sessions to debate about the war to avoid tagon for how not to win the war in
vid H. Petraeus, the face of the present his views in live video antagonizing the White House, Afghanistan.
Iraq troop surge and a favorite feeds from Baghdad. No longer which does not want pressure And it came as the debate within
of former President George W. is the general, with the Capitol from military superstars and is the administration over the war
Bush, spoke up or was called Hill contacts and web of e-mail wary of the general’s ambitions sharpened Sunday, as President
upon by President Obama “sev- relationships throughout Wash- in particular. Obama’s national security advis-
eral times” during the big Af- ington’s journalism establish- Petraeus’s advisers acknowl- er, Gen. James L. Jones, seemed
ghanistan strategy session in ment, testifying in media explo- edge that he has stepped back to distance himself from Mc-
the Situation Room last week, sions before Congress, as he did in part because Obama has Chrystal, saying that he did not
one participant says, and will be in September 2007, when he gave handpicked his own public face believe that Afghanistan was in
back for two more meetings this 34 interviews in three days. for the war in Afghanistan, Gen. “imminent danger of falling” to
week. The change has fueled specu- Stanley A. McChrystal, who last the Taliban.
But the general’s closest as- lation in Washington about week gave an interview to CBS’s The battle began Saturday
sociates say that underneath whether Petraeus might seek “60 Minutes,” used a speech in morning, when insurgents
the surface of good relations, the presidency in 2012. His advis- London to reject calls for scaling stormed the two American base
the celebrity commander faces ers say that it is absurd — but back the war effort and met with camps in the Kamdesh District
a new reality in Obama’s White in immediate policy terms, it Obama on Air Force One. of Nuristan Province. The Ameri-
House: He is still at the table, but means there is one less voice in “The president values his in- cans fought back with helicopters,
in a very different seat. the administration’s debate over sights in helping to turn around heavy guns and airstrikes.
No longer does the man who whether to send up to 40,000 addi- an eight-ear-old war that has The commander of the Ameri-
oversees the wars in Iraq and tional troops to Afghanistan. been neglected,” Rahm Emanu- can unit in Kamdesh, Col. Randy
Afghanistan have one of the big- Petraeus’s aides now pri- el, the White House chief of staff, George, described the strike as “a
gest voices at National Security vately call him “Dave the Dull,” said of Petraeus. complex attack in a difficult area.”
Council meetings, as he did when and say he has largely muzzled  SABRINA TAVERNISE  SABRINA TAVERNISE
Bush gave him 20 minutes dur- himself from the fierce public  and SANGAR RAHIMI  and SANGAR RAHIMI
International Monday, October 5, 2009 2

Iran to Let Inspectors See Nuclear Facility in brief


WASHINGTON — The chief of not willing to go as far as ElBa- center near the holy city of Qum.
the world’s nuclear inspection radei, saying the next few months Getting inspectors inside Qum Option of Troops
agency said during a visit to Teh- will be critical in determining is the top priority on the Obama President Obama’s national
ran on Sunday that the Iranian whether Iran is truly cooperat- administration’s Iran agenda, of- security adviser, Gen. James
government had agreed to allow ing, or simply trying to drag out ficials said. The administration L. Jones, said on Sunday that
access to a newly disclosed nucle- negotiations. had demanded that the facility be a recommendation to send
ar enrichment facility on Oct. 25, President Obama’s national opened within two weeks of their another 40,000 American troops
and Iran said it would enter talks security adviser, Gen. James L. meeting with Iran on Oct. 1. In- to Afghanistan was just one
earlier about temporarily export- Jones, said on CBS’s “Face the stead, Iran has offered a date 24 part of a review of overall
ing much of its low-enriched ura- Nation” that “for now, things are days later, and exactly a month to strategy that included such
nium to be converted into nuclear moving in the right direction,” the day after President Obama, factors as a larger role for
reactor fuel. citing the forthcoming inspec- President Nicolas Sarkozy of the Pakistani military and the
At a news conference, the direc- tion and discussion on uranium France and Prime Minister integrity of the recent Afghan
tor general of the International exports as evidence that the new Gordon Brown of Britain stood elections. (NYT)
Atomic Energy Agency, Mo- effort to deal with Iran was gain- together to announce that their
hamed ElBaradei, praised Iran ing momentum. But some admin- intelligence services had seen
for moving forward on agree- istration officials expressed pri- evidence Iran was putting equip- Pope Warns Africa
ments reached at a meeting last vate skepticism that Iran would ment into the site, tunneled under ATHENS — Opening a month-
week with the United States and ultimately prove willing to allow a mountain and inside a Revolu- long meeting in Rome that will
its allies, even while cautioning the kind of widespread inspec- tionary Guards base. be devoted to Africa, where
that his agency had “concerns tions that the United States and A few days before the lead- the Roman Catholic Church
about Iran’s future intentions.” its Western allies have in mind. ers spoke, Iran had sought to is growing most rapidly, Pope
“I see that we are at a critical They want the inspections to pre-empt the announcement by Benedict XVI warned Sunday
moment,” ElBaradei said. “I see include several facilities that declaring the site to the atomic that the continent was at risk
that we are shifting from confron- American and European officials agency, years after it had begun from materialism, nihilism and
tation into transparency and co- suspect could be part of a string building. religious fundamentalism.
operation.” of covert facilities built to supply  DAVID E. SANGER Benedict called Africa “a
In Washington, officials were the newly revealed enrichment  and NAZILA FATHI great spiritual lung” for the
Catholic Church, but he added
that it was also subject to mal-
Greek Socialists Win Election in a Landslide adies, including the “spiritual
toxic waste” of materialism and
ATHENS — Socialists won the Socialist leader, George Pa- performance since the restora- nihilism sent by the first world,
national elections in Greece on pandreou, said in his victory tion of Greek democracy in 1974 which he called a new form of
Sunday, trouncing a center-right speech. “We want it, we can do it, after years of military dictator- colonialism.
government crippled by corrup- we will succeed.” ship. That development, he said,
tion scandals and a growing eco- “Nothing will be easy,” he add- Karamanlis, 53, called early led to the “virus” of “religious
nomic crisis. ed. “But I will always be honest elections last month, two years fundamentalism, mixed with
With 88 percent of Greece’s 10 and upfront with the Greeks.” into a mandate dogged by cor- political and economic inter-
million votes counted, according In conceding defeat, Prime ruption scandals and economic ests.”  (NYT)
to The Associated Press, the So- Minister Kostas Karamanlis said crisis, aiming to win a fresh man-
cialist Pasok Party was leading he had failed to persuade Greeks date and stave off labor unrest. He
with 44 percent of the vote to 34 to accept the two years of auster- had called for a freeze in public Leader Denounced
percent for the center-right New ity measures he had called for to sector wages to fight rising debt PARIS — France, Guinea’s
Democracy Party, a margin ex- steer the country out of its eco- and unemployment, but had diffi- former colonial ruler, said Sun-
pected to give the Socialists their nomic crisis. “The voters did not culty pushing through important day that it could no longer work
largest victory ever and a com- approve of this policy. It was their economic and structural reforms with Guinea’s junta leader,
fortable majority in Parliament. choice, and I respect it,” he said. because he governed with a one- Capt. Moussa Dadis Camara,
“Today we set off together to Karamanlis also stepped down vote majority in Parliament. after scores of people were
build the Greece we want and as leader of the New Democracy  RACHEL DONADIO killed by his security forces
need. We have no time to waste,” party, which suffered its worst  and ANTHEE CARASSAVA there during an opposition rally
last week.
“Something terrible and sav-
Rescuers Still Try to Reach Villages Hit by Earthquake age happened. We cannot ac-
cept it,” said France’s foreign
PADANG, Indonesia — Emer- a 7.6-magnitude earthquake hit they dispatched much-needed minister, Bernard Kouchner. “It
gency workers continued to the western coast. Heavy rains at earth-moving vehicles across seems to me that we can no lon-
struggle Sunday to reach sev- night hampered rescue efforts. the city. The two companies re- ger work with Dadis Camara
eral remote villages buried be- In the heart of Padang, with lit- sponded to private requests, usu- and that there has to be an in-
neath landslides caused by a tle or sometimes no help coming ally from friends and business ternational intervention.”
large earthquake, while a steady from the authorities, some affect- partners, said Budianto, 38, who Camara has ruled the West
stream of bodies, wrapped in yel- ed neighborhoods turned to an in- supervises shipping at the coal African nation for about nine
low bags, arrived by ambulance formal network of businesses and company, Bumi Anyer Wisesa, months after a bloodless coup
at Padang’s main hospital. volunteers to fill the void. and had no experience dealing following the death of Lansana
More than 700 people were On one block in the city’s Chi- with rescue missions. Conté, Guinea’s longtime lead-
confirmed dead throughout the nese quarter, workers at a coal “There’s no coordination with er. Camara has denied any re-
island of Sumatra, and thousands concern and a truck rental com- the government at all,” Budianto sponsibility for the killings on
remained missing four days after pany set up a base from which said.  (NYT) Sept. 28.  (AFP)
national Monday, October 5, 2009 3

Term Will Test Justices’ Views on Regulation in brief


WASHINGTON — The new and economic regulation.” there are at least two areas in
Supreme Court term that begins Pildes pointed to two cases in which she may take a different 1 in 10 Babies
Monday will be dominated by particular, one concerning the approach. Is Born Premature
cases concerning corporations, constitutionality of a regulatory One is criminal law. The other is
compensation and the financial board created in the wake of the corporate law, a field in which the Nearly 1 in 10 of the world’s
markets that could signal the jus- Enron accounting scandal, the expertise she gained on the fed- babies is born premature, and
tices’ attitude toward regulatory other about what role the courts eral appeals court in New York, about one million infants die
constraints at a time of extraordi- should play in setting the pay of with its heavy business docket, each year as a result, according
nary government intervention in advisers to mutual funds. will play a major role. to a report released on Sunday
the economy. The new term comes at a time The Obama administration’s by the March of Dimes.
Those Obama administration of rapid change at the court. While lawyers, meanwhile, took over The vast majority of the near-
initiatives, constitutional scholars the Rehnquist court welcomed no the legal reins in the middle of the ly 13 million premature babies
say, are generating fundamental new justices in its final 11 years, last term and made only minor born each year are in Africa
questions about the structure and ending with Chief Justice Wil- adjustments in pending cases. and Asia, according to the re-
limits of government power. liam H. Rehnquist’s death in 2005, They will be freer to chart their port. The rates are highest in
“There will be major ways in there have already been three own course now. Africa, but North America fol-
which these interventions will versions of the Roberts court in One result, McConnell said, will lows closely behind, concludes
produce legal and constitutional its first four years. And there may be an inevitable clash, one echo- the first part of the report, a
issues,” said Michael W. McCon- be more changes come summer, ing confrontations with other collaboration with the World
nell, director of the Stanford Con- if talk of the retirement of Justice ambitious presidents, including Health Organization.  (AP)
stitutional Law Center. John Paul Stevens turns out to be Franklin D. Roosevelt and Ronald
The term will provide impor- correct. Reagan. California Wildfires
tant hints, said Richard H. Pildes, The court’s newest addition, “Every time in American his-
A wildfire that charred more
a law professor at New York Uni- Justice Sonia Sotomayor, ar- tory when you see a consequential
than five square miles of the
versity, on “how much the worst rived in August, replacing Justice administration,” he said, “you see
San Gabriel Mountains in Cali-
economic crisis since the Depres- David H. Souter. While most Su- a heightened tension between it
fornia continued to rage Sun-
sion is going to shape the court’s preme Court specialists expect and the court.”
day. The fire, driven by wind
general stance toward markets her to vote much as Souter did,  ADAM LIPTAK
gusts of up to 40 miles per hour,
destroyed three homes and was
Pro Wrestling Script: From Mat to U.S. Senate? 10 percent surrounded. About
4,000 to 6,000 residents were or-
dered to evacuate, said Robin
She emerges from a coma and among the most vulnerable of Sen- But rather than celebrating
Prince, public information offi-
kicks her cheating husband in the ate Democrats. the arrival of McMahon, a well-
cer for the San Bernardino Na-
groin. In a showdown with her McMahon has stressed that she financed Greenwich business-
tional Forest.  (AP)
daughter, she goes flying to the cut her official ties to the W.W.E. woman, some Republicans are
mat after her daughter smacks corporation, stepping down as squirming over the emergence
her in the face. chief executive the day before of a political novice from a world Gays in the Military
As Linda E. McMahon and her she announced her Senate bid last known for leotards and outra- President Barack Obama will
husband built the billion-dollar month. geous stunts. focus “at the right time’’ on how
empire of World Wrestling Enter- Ms. McMahon — who founded In an interview, McMahon to overturn the “don’t ask, don’t
tainment, she was more than its W.W.E., formerly the World Wres- seemed to dismiss concerns that tell’’ ban on gays serving openly
chief executive: she was a char- tling Federation, more than 25 her ties to the company would un- in the military, his national se-
acter in its story lines. years ago with her husband, Vin- dercut her candidacy. “Did any- curity adviser said Sunday.
Now, McMahon is playing to cent K. McMahon, the company’s one in Sacramento expect Arnold “I don’t think it’s going to be
a new audience, as she seeks the chairman — has already poured Schwarzenegger to show up in a — it’s not years, but I think it
Republican nomination to chal- nearly $1 million into a television Terminator outfit?’’ she said. “It will be teed up appropriately,’’
lenge Sen. Christopher J. Dodd of and newspaper advertising bar- borders on silliness.’’ James Jones said.  (AP)
Connecticut, who finds himself rage since Sept. 16.  RAYMOND HERNANDEZ

Parents Face Extra Costs as Tuition Savings Funds Struggle to Survive


In the last two decades, more sylvania’s and Washington’s, to sets — more than $300 million — in the fund to make up for the losses.
than a million families around impose new and higher fees that the stock market in the last year. “At first I was kind of scared,”
the country have invested in state could amount to thousands of dol- The funds were first proposed said Perdue, 40, an insurance
funds that pledged to cover the lars a year in costs to parents. 23 years ago in Michigan. They agent in Phenix City who has about
cost of attending their state’s pub- Others, like South Carolina’s, were quickly adopted by other $30,000 in the program for her two
lic colleges and universities. have developed doomsday sce- states after 1996, when Congress daughters. “And then I felt almost
But in the last year, the stock narios, capping how much a fam- allowed them to be tax-deferred cheated, like I was sold a bill of
market slump and rising college ily would get if the program shut under Section 529 of the Internal goods that wasn’t there.”
costs have combined to drive all down completely. West Virginia Revenue Code. Despite all this bad news, inves-
but two of the nation’s 18 such had to pump $8 million into its pre- Carol M. Perdue was troubled tors continue to see the funds as an
funds, known as prepaid college paid program to help restore its by a letter she got from Alabama’s attractive option for one simple
savings plans, into the red, jeopar- financial health because its fund treasurer this summer that said reason, said Joseph F. Hurley,
dizing those pledges. lost 25 percent of its value in the the state’s prepaid program had founder of Savingforcollege.com:
Even with stock market gains last year. And Alabama closed its lost about 50 percent of its assets “Even with all the problems, no
since March, the losses have program to new enrollees because in the stock market. She is suing to one has ever lost money in the pro-
forced some programs, like Penn- the fund lost almost half of its as- force the state to put money into cess.”  SEAN D. HAMILL
business Monday, October 5, 2009 4

China Looks to Build Its Own Media Empires in brief


SHANGHAI — China plans to state-owned companies. The company is being split into
spend billions of dollars over the Though China has not provided a state-controlled nonprofit side I.F.C. to Help
next few years to develop media a detailed plan yet, one exception that will house news program- Buy Toxic Assets
and entertainment companies loosening of gevernment control ming and satellite transmission,
that it hopes can compete with is likely to be news programming, and a profit-driven side focused The head of the International
global giants like the News Corp. which falls under the control of on advertising, content develop- Finance Corp said on Saturday
and Time Warner, and will in the the Communist Party. ment and distribution. that the group plans to work
process loosen some of its tight China has also been upgrading “The domestic media mar- with private equity funds, debt
control of these industries. its state-run news media. ket is being changed dramati- servicing companies and ma-
A plan set forth in guidelines Among the first companies to cally,” says Li Ruigang, S.M.G.’s jor banks to soak up toxic as-
last week by China’s State Coun- benefit from the new government 40-year-old chairman and chief sets held by banks in emerging
cil envisions the creation of en- policy will be Shanghai Media executive. “This will be a new markets.
tertainment, news and culture Group, one of the country’s big- S.M.G. In the future we’ll be a The IFC, the World Bank’s
companies with a market orien- gest state-run news and media holding company, and there will private-sector lender, said this
tation and with less government conglomerates. In August, the be more than 10 subsidiaries.” week it would contribute up to
backing. government gave the company Foreign media companies look- $1.5 billion toward a proposed $5
Beijing hopes the moves will approval to reorganize its op- ing for greater access to China’s billion global scheme that would
even improve the nation’s image erations and to issue stock to the vast market may be disappoint- invest in or mobilize investment
overseas — part of a longstand- public. ed, analysts say of the new guide- to buy up distressed assets.
ing effort to use “soft power” S.M.G., as it is known, has close lines.  (Reuters)
rather than military might to win to $1 billion in revenues and $100 “This is not an invitation for
friends abroad. million in profits last year. It also stakes by international media Angry Diner Study
Along the way, Beijing will al- has partnerships with companies companies,” says Vivek Couto, di-
In a study soon to be pub-
low private and foreign compa- like the News Corp., Viacom and rector of Media Partners Asia, a
lished in the Journal of Consum-
nies to invest in everything from CNBC, and a profitable array of Hong Kong-based research firm.
er Research, college students
music, film and television to the- television units, as well as radio, “But this may be an invitation for
were told to imagine a service
ater, dance and opera produc- newspaper, magazine and film private equity and foreign capital
disaster at a local restaurant:
tions — though largely through production units. to do more.”  DAVID BARBOZA
long wait, cold food, inattentive
waiter. Students told to imagine
Bond Market Booms as Investors Flock Back that this was their favorite res-
taurant were mollified by imag-
ining a chance meeting with the
The swift rally in stock mar- a sign that credit markets are yields? You go, wait a second.”
owner, who apologized and of-
kets this year caught everyone’s humming along after their near- Some $265 billion has flowed in-
fered a $50 gift certificate. But
attention. But with far less fan- collapse last year. Others believe to bond funds since the beginning
for casual customers, it took
fare, a frenzy has been taking Wall Street’s next big bubble is of the year, according to figures
$100 to achieve the same effect.
place in the market for corporate now inflating as investors chase from the Investment Company
 (NYT)
bonds. down returns, and they warn that Institute, 15 times the money that
When credit markets practi- the big spike in bond prices could has entered equity funds.
cally shut down last year, busi- roll backward if the economy “The easy trade is something Defibrillator Recall
nesses had to pay huge premiums stumbles and investors again run you want to be wary of, and the Philips Healthcare said Sat-
to raise money from investors, for safer ground. easy trade right now is into the urday it is recalling about 5,400
offering returns of 10 to 20 per- “I don’t quite see the funda- high-quality fixed income mar- automated external defibrilla-
cent to anyone who would buy a mentals of how this works,” said ket,” said Lawrence Glazer, a tors after receiving reports of a
company’s debt. Now, investors Thomas H. Atteberry, of First managing partner at Mayflower memory chip failure in a small
are the ones paying higher prices Pacific Advisors. “If I don’t think Advisors. “Look at the flows: peo- number of some models that
as they race back into the bond I have a sustainable economic ple are falling over themselves. could make them inoperable.
markets. recovery, how do I justify these That should be a caution flag for  (AP)
Some see this as good news, prices? How do I justify these investors.”  JACK HEALY

The Quest Continues: a Tablet Computer That Somebody Wants


SAN FRANCISCO — The high- tech executives, bloggers and media, GPS functions and rich Web tablet, called the Crunch-
tech industry has been working it- gadget hounds. In their visions, graphics. They are also more Pad, which it has said it will start
self into paroxysms of excitement tablets will save the newspaper energy-efficient. selling later this year.
lately over an idea that is not ex- and book publishing industries, The drumbeat of tablet product In September, images of a
actly new: tablet computers. present another way to watch introductions has already begun. booklike Microsoft device called
Quietly, several high-tech com- television and movies, play video In June, Archos, a French con- Courier, with two 7-inch color
panies are lining up to deliver games, and offer a visually rich sumer electronics company, be- screens, surfaced on the gadget
versions of these keyboard-free, way to enjoy the Web and the ex- gan selling a small touch-screen blog Gizmodo.
touch-screen portable machines panding world of mobile applica- tablet running Google’s Android Apple’s rumored tablet is the
in the next few months. tions. software. Later this month, it most highly anticipated of the lot.
Tablets have been around in There were basic problems will introduce another tablet that Analysts expect Apple to intro-
various forms for two decades, with early tablets: they cost too runs on Microsoft’s Windows 7, duce it early next year — a sort
thus far delivering little other much and did not do enough. But which has built-in support for of expanded, souped-up version of
than memorable failure. None- integrated microchips now com- touch screens. the iPod Touch, priced at around
theless, the new batch of devices bine wireless connectivity and The industry blog TechCrunch $700.  BRAD STONE
has gripped the imagination of support for features like multi- has also commissioned its own  and ASHLEE VANCE
business Monday, October 5, 2009 5

At Tribune, Layoffs, Bankruptcy and Bonuses A Shrinking Role


Let’s say that a group of execu- Under questioning, Chandler want to reap the rewards of all
For the Group of 7
tives uses scads of debt to take Bigelow III, the chief financial of- these cuts they have been mak- At the weekend meetings in Is-
over a struggling company, sells ficer, said the bonuses would help ing.” tanbul of the World Bank and the
off some profitable assets, lays “incentivize our key managers to At a hearing about the bonuses, International Monetary Fund, the
off thousands of employees while battle all of the intense challenges a union accountant testified that move toward a more multilateral
achieving miserable results. And that unfortunately our local me- if the maximum incentives were world was in full swing.
then, less than a year after sad- dia businesses are facing,” ac- paid, they would eat up 15.5 per- The Group of 7 began what may
dling the company with $8 billion cording to The Associated Press. cent of operating cash flow. be an extended fade to black. And
in debt, they opt for bankruptcy. The unsecured creditors of All this requires what we in major members of the I.M.F.,
You’d expect them to walk the the Tribune Co. filed a letter in the journalism business call a while still certain to clash over the
plank, or at the very least, spend a support of the incentives, and its to-be-sure moment. (A company details, broadly endorsed chang-
good stretch of time in the naugh- senior lenders support the plan spokesman reminded me that es to I.M.F. rules that will water
ty corner. But you wouldn’t ex- as well. But both the company’s with the coming $740 million sale down the ironclad control that the
pect the top 700 managers to col- union and the trustee appointed of the Cubs, the company will industrialized world has held on
lect $66 million in bonuses. to oversee the bankruptcy raised have $1.5 billion in cash on hand.) the organization for the last half
But that’s just what happened objections, arguing that the bo- So, let’s stipulate that many of the century.
at the Tribune Co. A week ago nuses would be the highest ever men and women at the Tribune “A more representative, respon-
Friday, lawyers for the company, paid — even as the company has are terrific executives working sive and accountable governance
which publishes The Los Angeles its lowest cash flow in 10 years. hard to lift the company out of structure is essential to strength-
Times, The Chicago Tribune, The “It is sort of along the same bankruptcy. They are not traders ening the I.M.F.’s legitimacy,” the
Baltimore Sun and many other lines as the Bank of America in obscure financial instruments U.S. Treasury secretary, Timothy
important newspapers, and owns and A.I.G. bonuses, except it is that tipped over the markets and Geithner, said in a statement.
some television stations, were not taxpayer money,” said Cet are now lining up at the trough. Coming only weeks after offi-
in Federal Bankruptcy Court in Parks, executive director of the But at a bankrupt company in a cials at a summit meeting in Pitts-
Delaware suggesting that the Baltimore-Washington Newspa- declining industry with negative burgh of the top industrialized and
proposed 2009 bonuses were criti- per Guild, in an interview. “At the performance, is it really time for emerging economies blessed the
cal for the health and survival of same time they are asking em- the bankruptcy court to open up Group of 20 as the globe’s top de-
the company. ployees to make sacrifices, they the wallet?  DAVID CARR cision-making body for economic
governance, the Group of 7 made
clear that its existence now only
Report on Bailouts Says Treasury Misled Public made sense in conjunction with
the Group of 20, which includes
WASHINGTON — The inspec- as much as 3 percent of their risk- as well as another $20 billion. China, Brazil, India and other
tor general who oversees the gov- weighted assets, with aid capped Barofsky’s office also says that emerging economies.
ernment’s bailout of the banking at $25 billion for each institution, regulators were wrong to tell the Less consensus emerged on
system is raising the possibility according to the report. By size, public last year that the earliest how countries will restructure the
that it unfairly disbursed money Citigroup, JPMorgan Chase and bailout recipients were all healthy. I.M.F., which has 186 members,
to the biggest banks. Bank of America could have quali- Former Treasury Secretary Hen- to mirror the tectonic shifts in the
A Treasury Department official fied for more, and the first two re- ry M. Paulson said on Oct. 14 that world economy.
made incorrect statements about ceived $25 billion. the banks were “healthy,” and that Also, the I.M.F. did not address
the health of some banks, accord- But Bank of America was only they accepted the money for “the the effective United States veto
ing to a report on the Troubled As- given $15 billion in October, since good of the U.S. economy.” at the organization. With a 17 per-
set Relief Program to be released Merrill Lynch was earmarked In truth, regulators were con- cent voting share in a body that re-
on Monday by the special inspec- for $10 billion. The two companies cerned about the health of several quires 85 percent for major deci-
tor general, Neil M. Barofksy. had agreed to a merger. Bank of banks that received that first bail- sions, the United States can block
The bailout formula called for America ultimately received out, the inspector general writes. any significant move.
banks to get an amount equal to Merrill’s $10 billion in January —  LOUISE STORY  CARTER DOUGHERTY

Plenty of News About Wall Street, but Little About Ordinary Americans
A study to be released Monday ports from Feb. 1 to Aug. 31 in Three-quarters of the reports measure the impact on real lives,”
of financial news coverage this newspapers, on news Web sites, originated from Washington or especially after recent cuts to
year found that government, on the radio and on network New York, and a similar number news staffs.
Wall Street and a small handful of broadcast and cable television, were based on the actions of gov- “There’s plenty of reason to
story lines got the bulk of the at- Pew found that almost 40 percent ernment and business leaders. understand why a lot of this is a
tention while much less was paid of economic news reports dealt In February and March, the Washington and New York story,”
to the economic troubles of ordi- with the trials of the banking and economy was the subject of nearly he said. “But we’re talking about
nary people. auto industries, and the federal half of all news coverage, driven something that affected almost
The study, by the Pew Research stimulus bill passed in February. by the stimulus bill and the uses of every American in some way.”
Center’s Project for Excellence in Rising unemployment and bank bailout money. After those Newspapers did more financial
Journalism, also found that when the housing crisis accounted for fights died down, financial news reporting than other media, and
the stock market rebounded from 12 percent. And, the study said, coverage fell by more than half. covered a much broader range
its lows and the most pitched “stories that tried to explicitly ex- Mark Jurkowitz, associate di- of economic topics about a wider
battles in Washington ended, the amine the broader impact of the rector of the Pew project, said it range of people, and they were
news media turned their attention economic downturn on the lives of was easier for the national news far more likely to dig up items on
away from economic coverage. ordinary Americans filled 5 per- media to cover Washington “than their own, the study said.
Reviewing almost 10,000 re- cent of the economic coverage.” to fan out around the country and  RICHARD PÉREZ-PEÑA
journal Monday, October 5, 2009 6

Pressure Grows to Contain the Human Population of Galápagos


PUERTO AYORA, Galápagos Islands — already harming the ecosystem that allowed unskilled migrants, many of whom moved
The mounds of reeking garbage on the edge the islands’ more famous inhabitants, among here to do jobs in tourism, construction or in
of this settlement 600 miles off Ecuador’s them giant tortoises and boobies with brightly the bureaucracy created to manage the archi-
Pacific coast are proof that one species is colored webbed feet, to evolve in isolation pelago.
thriving on the fragile archipelago whose before mainlanders started colonizing the ar- “We are being told that a tortoise for a rich
unique wildlife inspired Darwin’s theory of chipelago more than a century ago. foreigner to photograph is worth more than
evolution: man. Faced with the unruly growth, Ecuador’s an Ecuadorean citizen,” said Maria Mariana
Tiny gray finches, descendants of birds that government has stepped in over the past year, de Reina Bustos, 54, a migrant from Ambato
were crucial to his thesis, flutter around the taking the politically unpopular step of expel- in Ecuador’s central Andean valley, whose
dump, which serves a growing town of poor ling hundreds of poor Ecuadoreans from a 22-year-old daughter, Olga, was recently
Ecuadoreans who have moved here to work in province they feel is rightfully theirs. rounded up by police near the slum of La Cas-
the islands’ thriving tourist industry. By cracking down, officials hope to pre- cada and put on a plane to the mainland.
The burgeoning human population of Ga- serve the natural wonders that bolster one of Pressure is building here, within the ar-
lápagos, which doubled to about 30,000 in the Ecuador’s most profitable sectors, tourism. chipelago’s scientific and environmental
last decade, has unnerved environmental- But the new measures belie festering tension community, and abroad for Ecuador to act
ists. They point to evidence that the growth is on the islands, feeding a backlash among on curbing the migration. The United Nations
put Galápagos on its list of endangered heri-
crossword Edited By Will Shortz tage sites in 2007.
Even though laws technically prevent peo-
PUZZLE BY MARK FELDMAN
ACROSS 47 Not to be missed,
ple from living in 97 percent of the archipelago
1 2 3 4 5 6 7 8 9 10 11 12 13
as a TV show set aside 50 years ago as a national park, sci-
1 Brown eyes or
curly hair 50 “… boy ___ girl?” 14 15 16 entists here said the growing population had
6 Surrender 51 Pester already impacted the archipelago, pointing
17 18 19
10 House in Spain 52 Divided in to fuel spills, poaching of giant tortoises and
14 Cry of
appropriate 20 21 sharks and the introduction of invasive spe-
amounts cies, including rats, cattle and fire ants that
exasperation 22 23 24
57 $1,000 threaten animals endemic to Galápagos.
15 Salve ingredient
16 Boxer
60 Swampy ground 25 26 27 28 29 Even seemingly benign human activities
Muhammad and 61 Snakes that — like owning a pet — can have outsized con-
family constrict 30 31 32 33 34
sequences here. “With people come cats, and
62 U.S./Mex./Can.
17 $500
commerce pact
35 36 37 38 39 with cats come threats to other animals found
20 Stoops nowhere else in the world,” said Fernando Or-
63 Years and years 40 41 42
21 Not tiz, coordinator of the Galapagos program for
64 Rodgers and
knowledgeable in
Hart’s “___ It 43 44 45 46 Conservation International.
the ways of the With only about 15 percent of the population
Romantic?”
world 47 48 49 50
65 Nervous native born, or Galapagueño, the migration
22 Prefix with plunk
or plop 51 52 53 54 55 56 crackdown may be helping a regional identity
23 Collection of DOWN to crystallize on the islands, which lure mi-
information in 1 Fancy marbles
57 58 59
grants from across Ecuador. One of the most
tabular form
2 Banister 60 61 62 industrious and cohesive groups is the Sala-
25 $5,000
3 Singer Guthrie sacas, Quichua-speaking Indians from the
30 Gladden
4 Ice house: Var.
63 64 65
highlands. As many as 3,000 Salasacas live in
31 Sort of: Suffix 5 Stocky 10/5/09 (No. 1005)
Galápagos.
32 “___ du lieber!” 6 Kodak product 12 Kitchen utensil 32 Paul who sang 47 Molten volcanic
“We built this province with our own
35 Exactly … or 7 Majestic shade with a mesh “Diana” material hands, so, yes, it pains us to see our country-
where to find trees 13 So far 33 Middling grades 48 Strip, as a ship men deported like animals,” said Margarita
17-, 25-, 43- and Masaquiza, 45, a director of the Salasaca asso-
8 Only one of the 18 Sound before 34 Jekyll’s 49 Cause unrest?
57-Across?
Seven Dwarfs to “Your, um, fly is counterpart ciation who arrived here at age 14. “After all,
40 China’s Chiang wear glasses 52 Bit of
___-shek
open” 36 Undress with the strategizing we are indigenous Ecuadoreans, how can we
9 Hair-raising cry 19 Take ___ eyes be illegal in our own country?”
41 Tricked account 53 Shepard who
10 Ancient Palestine 37 Alaskan city near  SIMON ROMERO
42 Questioned
walked on the
11 “___ well” (“Don’t 23 Waiter’s serving the Arctic Circle moon
43 $10,000 worry”) 24 Tennis’s Arthur 38 Dance craze of 54 President just
25 Bozo
the ’90s before Wilson
ANSWER TO PREVIOUS PUZZLE 39 ___Kosh B’Gosh 55 Med. specialists
26 Inter ___ (among
other things) 43 Hotpoint products who might treat 620 Eighth Avenue, New York, NY 10018
G R E A A T P E E S P A N A tonsillitis
F U N N M Y A N F L A G O N 27 Bearers of gold, 44 “___ sow, so •
frankincense and shall …” 56 June 6, 1944 Tom Brady, Editor
O L D G O R W T H F O R E S T
myrrh 45 What the weary 58 Hitter’s stat e-mail: digesteditor@nytimes.com
R E I S R E R O E G L E I •
C O N T A L E R T B I C S 28 Biblical suffix get, it’s said 59 “I Spy” co-star TimesDigest Sales Office
E N G P L E A S E A M O K 29 “Same for me” 46 Can. division Bill, familiarly phone: (212) 556-1200
D E L E T E T R I N I fax: (646) 461-2364
T O P O N Y M S N O R T E D For answers, call 1-900-289-CLUE (289-2583), $1.49 a minute; e-mail: timesdigest@nytimes.com
A V I L A A S H O R E or, with a credit card, 1-800-814-5550. •
P E N T M R M O T O C P O Online subscriptions: Today’s puzzle and more than 5,000 past For advertising information
A R C S A V O W S C A E N puzzles, nytimes.com/crosswords ($39.95 a year). and to request a media kit
S H H E R I K O D E T T E Mobile crosswords: nytimes.com/mxword. contact InMotion Media:
B E E I N O N E S B O N N E T Annual subscriptions are available for the best of Sunday phone: (212) 706-2700
A R R O Y O R E A R T I R E crosswords from the last 50 years: 1-888-7-ACROSS.
e-mail: info@immww.com
R E S C A N S I D E S P I N Read about and comment on each puzzle: nytimes.com/wordplay.
opinion Monday, October 5, 2009 7

e d i t o r ia l s o f t h e t i m e S paul krugman

The Supreme Court Returns The Politics of Spite


The Supreme Court starts its new session Following on a major case from last year There was what President Obama likes to
this week with cases on its docket that could in which the court struck down parts of the call a teachable moment last week, when the
reshape the law in campaign finance, gun con- District of Columbia’s gun-control law, the International Olympic Committee rejected
trol and sentencing for juvenile crimes, and justices have decided to consider whether Chicago’s bid to be host of the 2016 Summer
with the first new Democratically appointed state and local gun control laws can also be Games.
justice in 15 years. That newest member, Jus- challenged under the Second Amendment. “Cheers erupted” at the headquarters of the
tice Sonia Sotomayor, has been getting a lot The court should not use the case to prevent conservative Weekly Standard, according to
of attention, but Justice Anthony Kennedy is states and localities from enacting reason- a blog post by a member of the magazine’s
likely to continue to wield the real power, on able restrictions on guns. staff, with the headline “Obama loses! Obama
the most controversial issues. The court will hear a First Amendment loses!” Rush Limbaugh declared himself
Among the most anticipated cases so far challenge to a cross that stands on land in “gleeful.” “World Rejects Obama,” gloated
are two that raise the question of whether it is California that once belonged to the federal the Drudge Report. And so on.
constitutional to sentence juvenile offenders government. So what did we learn from this moment?
to life without parole. One of the defendants The government gave the land to a private For one thing, we learned that the modern
was just 13 when he raped an elderly woman group to get around a court order that the conservative movement, which dominates
in her home — an appalling and brutal crime, cross violated the prohibition on state sup- the modern Republican Party, has the emo-
but one that did not involve homicide. We port for religion. The court should rule that tional maturity of a bratty 13-year-old.
should not be giving up on a person for an act despite the land transfer, the cross is uncon- But more important, the episode illustrated
committed at 13. A few years ago, the court stitutional. an essential truth about the state of American
ruled that the death penalty for juvenile of- The court’s docket is heavy with business politics: at this point, the guiding principle of
fenders amounts to cruel and unusual punish- cases, including one about whether a particu- one of our nation’s two great political parties
ment. It should extend that reasoning to these lar method of hedging financial risk can be is spite pure and simple. If Republicans think
cases. patented. Patents should be limited to more something might be good for the president,
The court has also agreed to hear the case physical creations. they’re against it — whether or not it’s good
of a man prosecuted for selling videos of dog- The most important business case, how- for America.
fights, in which he was not involved. A federal ever, is the one the court heard last month. In To be sure, while celebrating America’s
appeals court ruled that his conviction violat- Citizens United v. F.E.C., the court could wipe rebuff by the Olympic Committee was puer-
ed the First Amendment. out a longstanding ban on corporate spending ile, it didn’t do any real harm. But the same
Animal abuse videos are truly loathsome, on federal elections, which would allow big principle of spite has determined Republican
but the right approach is to criminalize ani- business to swamp democracy. We hope the positions on more serious matters, with poten-
mal cruelty, as all 50 states do, and not to in- court will avoid such recklessness, and rule tially serious consequences — in particular,
fringe on free speech. narrowly. in the debate over health care reform.
The main G.O.P. line of attack is the claim

Mr. Obama’s Promise of Transparency — based mainly on lies about death panels and
so on — that reform will undermine Medicare.
And this line of attack is utterly at odds both
Hopes for an effective law that would pro- would instruct judges to defer to the admin- with the party’s traditions and with what con-
tect the public’s access to essential news from istration’s view of when and if a news leak servatives claim to believe.
inside government have been dealt a severe presents a “significant” security leak. The Think about just how bizarre it is for Repub-
setback by the Obama administration. executive branch would arrogate power to licans to position themselves as the defend-
As a senator, President Obama co-spon- decide the public’s right to know by crimping ers of unrestricted Medicare spending. First
sored a robust proposal to protect journalists the news media’s ability to make a case for of all, the modern G.O.P. considers itself the
and their sources who rely on confidentiality disclosure. party of Ronald Reagan — and Reagan was a
to reveal abuses, scandals and other inner The need for a shield law is clear. Last year, fierce opponent of Medicare’s creation, warn-
workings of government agencies. But White 42 of the state attorneys general pushed for a ing that it would destroy American freedom.
House officials are now proposing deep revi- clearer federal standard to avoid undermin- (Honest.) In the 1990s, Newt Gingrich tried to
sions to a Senate Judiciary Committee bill ing state shield laws. force drastic cuts in Medicare financing. And
that weaken protections against forcing re- The White House insists that the president in recent years, Republicans have repeatedly
porters to reveal their sources. supports a strong media shield and that ne- decried the growth in entitlement spending —
At the heart of the disagreement is the bal- gotiations should proceed. But Sen. Charles growth that is largely driven by rising health
ance between national security and the pub- Schumer, a chief sponsor of the pending mea- care costs.
lic’s right to know. The best approach is to sure, said the Obama proposals have made it The key point is that ever since the Reagan
protect legitimate security claims while re- an uphill fight. The administration’s position, years, the Republican Party has been domi-
jecting those that are made in the name of na- he said, “doesn’t show much concern for com- nated by radicals — ideologues and/or ap-
tional security but are really aimed at avoid- promise.” paratchiks who, at a fundamental level, do not
ing embarrassment. That was the constant As president, Obama has been progressive- accept anyone else’s right to govern.
cry from the Bush administration as the pub- ly more protective of executive powers in such The result has been a cynical, ends-justify-
lic learned — through the unauthorized disclo- sensitive areas as state secrets and detainee the-means approach with the G.O.P. oppos-
sure of confidential information — of prisoner policy. It’s time for him to recall that in win- ing anything that might be good for Obama.
abuse, secret C.I.A. prisons for terrorist sus- ning the White House, he spoke vigorously in Hastening the day when the rightful govern-
pects and warrantless wiretapping. favor of a shield law that trusts the judiciary ing party returns to power is all that matters,
The Senate bill and a measure passed ear- to settle disclosure conflicts. The latest hedg- so the G.O.P. will seize any club at hand with
lier in the House aim at a reasonable balance ing from the White House does not deliver on which to beat the current administration.
by relying on a federal judge to decide when his promise for a new era of openness. Instead, It’s an ugly picture. But it’s the truth. And
security is not truly at risk and sources must it signals that some in his administration may it’s a truth anyone trying to find solutions to
be protected. The White House proposals be intent on killing a fair shield bill. America’s real problems has to understand.
sports Monday, October 5, 2009 8

Tigers and Twins Force Issue in A.L. Central in brief


MINNEAPOLIS — Detroit Postseason Baseball hit his career-high 32nd homer to Fever Nears Title
Tigers Manager Jim Leyland extend the Metrodome’s baseball
Tamika Catchings had 14
predicted this months ago. The DIVISION SERIES life by one game.
American League points, 12 rebounds and 7 as-
American League Central Divi- New York vs. Detroit-Minnesota winner The tie breaker will be Tuesday
sists as the Indiana Fever
sion, he said, was so balanced that Wednesday, Oct. 7 or Thursday, Oct. 8 afternoon, with the Tigers rookie
Detroit-Minnesota winner at New York (Sabathia moved within one victory of the
he expected the race to go down to 19-8), 6:07 p.m. standout Rick Porcello expected
Los Angeles. vs. Boston W.N.B.A. title Sunday by defeat-
the final day of the season. to oppose Scott Baker, a 15-game
Wednesday, Oct. 7 or Thursday, Oct. 8 ing the Phoenix Mercury, 86-85,
Leyland reiterated that two Boston (Lester 15-8) at Los Angeles (Lackey 11- winner. The winner will face the
8), 9:37 p.m. or 6:07 p.m. in Game 3 of the finals.
weeks ago, when the Tigers lost Yankees in an A.L. division series
Indiana took a 2-1 lead in the
two of three to the Minnesota National League starting Wednesday or Thursday
Los Angeles vs. St. Louis series. It can clinch its first
Twins at the Metrodome in what Wednesday, Oct. 7 in New York.
championship by winning at
he had hoped was the Tigers’ final St. Louis (Carpenter 17-4) at Los Angeles (Wolf The tie breaker could not be
11-7), 9:37 p.m. home on Wednesday.
trip here. Leyland ended up be- Philadelphia vs. Colorado held Monday because the Minne-
Wednesday, Oct. 7  (AP)
ing right and wrong at the same Colorado (Jimenez 15-12) at Philadelphia (Lee sota Vikings, by lease agreement,
time. 7-4), 2:37 p.m. have priority for their Monday NFL scores
The race did go down to the fi- night N.F.L. game with the Green Sunday’s Games
nal day of the season, with Detroit the final regular-season game at Bay Packers. Chicago 48, Detroit 24
and Minnesota tied for first place the Metrodome, a hanky-waving “Obviously we didn’t want to Houston 29, Oakland 6
after each team won Sunday. But crowd of 51,155 watched Minne- have to go back there,” said Tigers Washington 16, Tampa Bay 13
because both teams finished 86- sota pound five home runs to rout left fielder Ryan Raburn, who hit Indianapolis 34, Seattle 17
76, they will have to play one more the Royals, 13-4. two homers and scored three of Giants 27, Kansas City 16
game, a 163rd, to settle the divi- Jason Kubel hit three-run hom- Detroit’s runs Sunday. “But for us New England 27, Baltimore 21
Cincinnati 23, Cleveland 20, OT
sion. ers in the first and third innings. to be able to go in there and take
Jacksonville 37, Tennessee 17
In Minneapolis, with dozens of Delmon Young contributed two a win to shut that place down, it Miami 38, Buffalo 10
former Twins players on hand for solo homers and Michael Cuddyer would be awesome.” PAT BORZI New Orleans 24, Jets 10
Denver 17, Dallas 10

Saints Make Jets’ Sanchez Look Like a Rookie


San Francisco 35, St. Louis 0
San Diego at Pittsburgh, late

NEW ORLEANS — The best de- end Will Grant for an 11-yard fense and the Saints’ turbo-boost- AL Scores
fense on the field Sunday at the Su- loss. On the next play, Sanchez ed offense, a matching of wits be- Sunday’s Games
Detroit 5, Chicago White Sox 3
perdome was neither the highest forced another pass into double tween two gurus — the offensive Boston 12, Cleveland 7
ranked nor the most celebrated. coverage, safety Darren Sharper mastermind Sean Payton and Baltimore 5, Toronto 4, 11 innings
That defense belongs to the Jets, grabbed his second interception of Jets Coach Rex Ryan, his defen- Yankees 10, Tampa Bay 2
and it turned in a solid perfor- the game. sive counterpart. Minnesota 13, Kansas City 4
mance against New Orleans, albe- “It’s just not a great day,” said Instead, the Saints’ defense L.A. Angels 5, Oakland 3
it one overshadowed by the Saints’ Sanchez, who had three intercep- stole the show. They intercepted Seattle 4, Texas 3
underrated unit that scored two tions, a fumble and no touchdown Sanchez a third time late in the
NL Scores
touchdowns in a 24-10 victory. passes. “I just feel like I let these third quarter to seal the game.
Sunday’s Games
The exclamation points came guys down. And I need to prove to The Saints improved to 4-0 for the Mets 4, Houston 0
back to back, late in the fourth them that I can bounce back after third time in franchise history. Cincinnati 6, Pittsburgh 0
quarter. Trailing by 14 points, some costly mistakes.” Ryan and Sanchez both had their Philadelphia 7, Florida 6, 10 innings
quarterback Mark Sanchez and This game featured two of the first loss of the season. Washington 2, Atlanta 1, 15 innings
the Jets were driving. seven undefeated teams head- “Overall, it was a poor perfor- Milwaukee 9, St. Louis 7, 10 innings
Sanchez dropped back on sec- ing into this weekend’s games. It mance on our part,” Ryan said. Arizona 5, Chicago Cubs 2
ond down, only to be swarmed by was billed as a premier matchup “We got it handed to us.” San Francisco 4, San Diego 3, 10 innings
Saints and dropped by defensive between the Jets’ aggressive de-  GREG BISHOP L.A. Dodgers 5, Colorado 3

WEATHER Houston
Kansas City
86/ 73
65/ 43
0.53
0
84/ 71 PC
65/ 44 C
90/ 76
66/ 55
PC
PC
Cape Town
Dublin
70/ 54 0
56/ 43 0.08
72/ 52 PC
59/ 47 PC
70/ 52 PC
62/ 44 Sh
High/low temperatures for the 20 hours ended at 4 p.m.
yesterday, Eastern time, and precipitation (in inches) Los Angeles 69/ 59 0 69/ 56 PC 71/ 58 PC Geneva 69/ 43 0 71/ 48 C 70/ 59 PC
for the 18 hours ended at 2 p.m. yesterday. Expected Miami 90/ 77 0 91/ 76 PC 92/ 79 PC Hong Kong 91/ 77 0 86/ 75 PC 85/ 75 PC
conditions for today and tomorrow. Mpls.-St. Paul 54/ 45 0 55/ 43 Sh 52/ 44 Sh Kingston 89/ 81 0 90/ 81 S 88/ 81 S
New York City 74/ 58 0 67/ 56 S 68/ 53 S Lima 69/ 61 0 70/ 61 S 70/ 61 S
Weather conditions: C-clouds, F-fog, H-haze, I-ice, PC- Orlando 88/ 72 0 92/ 71 PC 92/ 74 PC London 62/ 50 0.12 63/ 47 Sh 70/ 56 C
partly cloudy,R-rain, S-sun, Sh-showers, Sn-snow, SS- Philadelphia 74/ 55 0 70/ 52 S 70/ 51 PC Madrid 83/ 50 0 81/ 59 PC 79/ 64 PC
snow showers, T-thunderstorms, Tr-trace, W-windy. Phoenix 88/ 71 0 82/ 67 S 85/ 62 S Mexico City 80/ 60 0 81/ 55 Sh 81/ 54 Sh
Salt Lake City 61/ 46 0.07 53/ 38 PC 56/ 34 S Montreal 59/ 50 0.06 57/ 50 Sh 59/ 47 PC
U.S. CITIES San Francisco 62/ 50 0 67/ 50 S 73/ 51 S Moscow 54/ 34 0 52/ 44 Sh 46/ 39 Sh
Yesterday Today Tomorrow Seattle 64/ 48 0 63/ 44 S 61/ 44 PC Nassau 91/ 75 Tr 91/ 77 PC 91/ 79 PC
Atlanta 73/ 57 0 60/ 53 Sh 76/ 56 C St. Louis 68/ 45 0 70/ 48 PC 68/ 56 Sh Paris 66/ 55 0 64/ 55 Sh 77/ 61 PC
Albuquerque 71/ 50 0 75/ 53 PC 71/ 49 PC Washington 72/ 54 0 73/ 53 S 73/ 52 PC Prague 64/ 50 0 61/ 51 C 66/ 53 R
Boise 43/ 40 0.29 52/ 39 C 58/ 35 PC Rio de Janeiro 78/ 72 0 84/ 64 C 93/ 66 S
Boston 67/ 56 0.04 67/ 55 PC 67/ 51 S FOREIGN CITIES Rome 77/ 54 0 75/ 57 S 77/ 57 S
Buffalo 54/ 48 0.47 57/ 47 C 64/ 47 PC Yesterday Today Tomorrow Santiago 63/ 54 0 68/ 36 C 77/ 41 C
Charlotte 73/ 46 0 65/ 55 Sh 68/ 53 Sh Acapulco 96/ 79 0.43 88/ 77 T 88/ 77 T Stockholm 54/ 45 – 50/ 35 PC 52/ 34 PC
Chicago 59/ 46 0.01 66/ 40 PC 67/ 48 T Athens 78/ 70 0.08 81/ 61 S 81/ 63 S Sydney 63/ 55 0.91 70/ 57 T 70/ 52 Sh
Cleveland 61/ 50 0 62/ 48 PC 69/ 46 C Beijing 74/ 54 0 77/ 54 S 68/ 52 S Tokyo 78/ 66 0.08 73/ 66 Sh 68/ 61 R
Dallas-Ft. Worth 64/ 60 0.82 75/ 58 C 85/ 73 T Berlin 62/ 55 0 61/ 46 PC 66/ 48 PC Toronto 57/ 45 0.06 60/ 48 C 59/ 46 R
Denver 60/ 39 0 67/ 41 PC 58/ 36 S Buenos Aires 72/ 57 0 75/ 57 T 61/ 49 PC Vancouver 58/ 45 0 64/ 46 PC 64/ 46 PC
Detroit 59/ 51 0.02 64/ 48 PC 64/ 47 Sh Cairo 91/ 72 0 93/ 75 S 88/ 75 S Warsaw 60/ 46 0 57/ 45 PC 59/ 43 PC
sports journal Monday, October 5, 2009 9

Big East Gets Some Respect NFL STANDINGS


AMERICAN CONFERENCE
AL STANDINGS
East W L Pct GB
y-Yankees 103 59 .636 —
East W L T Pct PF PA
SYRACUSE — As the glossy mark for the revamped league, z-Boston 95 67 .586 8
Jets 3 1 0 .750 74 57
preseason college football peri- which is now in its fifth year in a N. England 3 1 0 .750 87 71
Tampa Bay 84 78 .519 19
odicals gave way to the preseason seven-team format. And because Miami 1 3 0 .250 81 79
Toronto 75 87 .463 28
polls this summer, there was not Cincinnati and South Florida have Buffalo 1 3 0 .250 74 110
Baltimore 64 98 .395 39
a lot of good news for the Big East byes this week, they will be unde- South W L T Pct PF PA Central W L Pct GB
conference. The combination of a feated when they meet. Indianapolis 4 0 0 1.000 106 62 Detroit 86 76 .531 —
perceived lack of a marquee team “It’s been our goal to put our Jacksonville 2 2 0 .500 97 86 Minnesota 86 76 .531 —
in the league and the Mountain best games in a spot where the Houston 2 2 0 .500 94 92 Chicago 79 83 .488 7
West’s stellar 2008 season led to a most people could see it,” Car- Tennessee 0 4 0 .000 75 108 Cleveland 65 97 .401 21
drumbeat of criticism. parelli said. “You can have a great North W L T Pct PF PA Kansas City 65 97 .401 21
Columnists called into ques- game on a Saturday and it gets Baltimore 3 1 0 .750 124 80 West W L Pct GB
tion the league’s automatic bid to lost among a bunch of other great Cincinnati 3 1 0 .750 84 76 y-Los Angeles 97 65 .599 —
the Bowl Championship Series. A games.” Pittsburgh 1 2 0 .333 47 50 Texas 87 75 .537 10
sense of uncertainty, at least in No one has defended the Big Cleveland 0 4 0 .000 49 118 Seattle 85 77 .525 12
West W L T Pct PF PA Oakland 75 87 .463 22
the news media, surrounded the East more vociferously than South y-clinched division
Denver 4 0 0 1.000 79 26
seven-team league. Florida Coach Jim Leavitt, who, at z-clinched wild card
San Diego 2 1 0 .667 73 64
The Big East had no ranked the conference’s media day, took Oakland 1 3 0 .250 42 86
teams in the preseason polls, and umbrage at a reporter who insinu- al Leaders
Kansas City 0 4 0 .000 64 112
the league’s most recognizable ated that the league padded its 12-4
Mauer Min
G AB R H
137 519 94 189 .364
Pct.

star was Syracuse quarterback bowl record the last three seasons ISuzuki Sea 146 639 88 225 .352
Jeter NYY 153 634 107 212 .334
Greg Paulus, who built his reputa- because of lopsided matchups. national CONFERENCE
MiCabrera Det 159 606 95 196 .323
tion as a Duke point guard. “I’ll say it again, the same thing East W L T Pct PF PA
MYoung Tex 135 541 76 174 .322
Cano NYY 161 637 103 204 .320
“There’s really nothing more I told you a month ago, and I’m Giants 4 0 0 1.000 107 64 Bartlett TB 137 500 90 160 .320
irrelevant than preseason rank- right,” Leavitt said. “All you can Phila. 2 1 0 .667 94 72
Span Min
EAybar LAA
144 573 97 179 .312
137 504 70 157 .312
ings,” Nick Carparelli Jr., the Big do is look at the bowl games, the Dallas 2 2 0 .500 96 78 Ordonez Det 130 460 52 142 .309
East’s associate commissioner nonconference games, and make Washington 2 2 0 .500 56 62
Home Runs
CPena, Tampa Bay, 39; Teixeira, New York, 39;
for football, said Saturday in a your own decision. “I don’t know South W L T Pct PF PA Bay, Boston, 36; AHill, Toronto, 36.
Runs Batted In
telephone interview. “Unfortu- why the media doesn’t do the New Orleans 4 0 0 1.000 144 66 Teixeira, New York, 122; Bay, Boston, 119; Lind,
nately, they’re the rankings that things they should do with the Big Atlanta 2 1 0 .667 57 53 Toronto, 114; Longoria, Tampa Bay, 113.
Pitching
are out there the longest, talked East. The Big East is that tough.” Carolina 0 3 0 .000 37 87 FHernandez, Seattle, 19-5; Sabathia, New York,
about the most and get the most Carparelli said the sniping Tampa Bay 0 4 0 .000 54 107 19-8; Verlander, Detroit, 19-9; Beckett, Boston,
17-6; Feldman, Texas, 17-8.
scrutiny.” about the league stopped on La- North W L T Pct PF PA
Five weeks into the season, the bor Day weekend, when Cincin- Minnesota 3 0 0 1.000 88 57 NL STANDINGS
Big East has silenced nearly all nati, unranked to start the season, Chicago 3 1 0 .750 105 78
East W L Pct GB
Green Bay 2 1 0 .667 81 63
of its critics, thanks mainly to the went to Rutgers and embarrassed y-Philadelphia 93 69 .574 —
Detroit 1 3 0 .250 83 134
stellar play of its two undefeated the Scarlet Knights, 47-15. The Florida 87 75 .537 6
West W L T Pct PF PA
teams: No. 8 Cincinnati (5-0) and Bearcats, who have also beaten San Fran. 3 1 0 .750 102 53
Atlanta 86 76 .531 7
No. 23 South Florida (5-0). The Oregon State, have had a func- Arizona 1 2 0 .333 57 68
Mets 70 92 .432 23
Bearcats and the Bulls, who have tional defense. They lost 10 start- Washington 59 103 .364 34
Seattle 1 3 0 .250 74 82
posted the league’s defining wins, ers from last year’s Orange Bowl St. Louis 0 4 0 .000 24 108 Central W L Pct GB
will face off in a Thursday night team. y-St. Louis 91 71 .562 —
game on Oct. 15. “They should be in the top 5,” Manning Hurt in Win Chicago
Milwaukee
83
80
78
82
.516 7{
.494 11
The Thursday Big East game Leavitt said. “They’re that good.”
has become something of a trade-  PETE THAMEL KANSAS CITY, Mo. — Eli Man- Cincinnati 78 84 .481 13
Houston 74 88 .457 17
ning of the Giants did not limp en
Patriots Defeat Ravens, 27-21
Pittsburgh 62 99 .385 28{
route to his news conference, but
his subdued voice and serious West W L Pct GB

FOXBOROUGH, Mass. — It that left Domonique Foxworth expression were not typical of y-Los Angeles 95 67 .586 —
z-Colorado 92 70 .568 3
seemed inevitable that the New alone in coverage against Moss, a quarterback after leading his
San Francisco 88 74 .543 7
England Patriots’ offense would and fired a pass just as Moss team to a 4-0 start.
San Diego 75 87 .463 20
eventually slip into its familiar made his move to the end zone to After the Giants’ 27-16 victory Arizona 70 92 .432 25
gear. When Tom Brady and Ran- give the Patriots a 10-point lead over the Kansas City Chiefs on y-clinched division
dy Moss were spotted talking on late in the third quarter, the de- Sunday at Arrowhead Stadium, z-clinched wild card
the sideline midway through the fense had its opportunity to allay Manning talked less about his
third quarter Sunday, the con- some fears of its own. three touchdown passes and NL leaders
spiring should have set off alarms Two stops on fourth down — more about the heel injury that G AB R H Pct.
HaRamirez Fla 151 576 101 197 .342
for the Baltimore Ravens that the one a run stuff, the other a pass forced him to leave in the fourth PSandoval SF 153 572 79 189 .330
time was near. break-up with 32 seconds left — quarter. Pujols StL 160 568 124 186 .327
Helton Col 151 544 79 177 .325
The bigger question for the Pa- sealed the 27-21 victory and sent The severity and exact diag- Votto Cin 131 469 82 151 .322
triots was whether the defense the rest of the N.F.L. a signal: the nosis of the injury will probably Coghlan Fla
Braun Mil
128 504 84 162 .321
158 635 113 203 .320
would right itself. It had been at Patriots are back — maybe not not be known until Monday, Man- Tejada Hou 158 635 83 199 .313
least as much of a concern in the better than ever but good enough ning said. The Giants called it a FLopez Mil
DWright NYM
151 604 88 187 .310
144 535 88 164 .307
first month of the season, display- to hold on against a rising team bruised heel. Home Runs
Pujols, St. Louis, 47; Fielder, Milwaukee, 46;
ing a leakiness that did little to like the Ravens. “I don’t think it’s awful. I’ve Howard, Philadelphia, 45; Reynolds, Arizona, 44.
offset an offense still working out “I felt we had to do a lot of been injured worse before.” How- Runs Batted In
Fielder, Milwaukee, 141; Howard, Philadelphia,
the kinks from Brady’s yearlong good things just to compete with ever, he added, “There is some 141; Pujols, St. Louis, 135.
layoff. them,” Coach Bill Belichick said. discomfort.” Pitching
Wainwright, St. Louis, 19-8; CCarpenter, St. Louis,
After Brady recognized a blitz  JUDY BATTISTA  JOE LAPOINTE 17-4; De La Rosa, Colorado, 16-9.

You might also like