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Friday, September 29, 2006

Can The Wall Street Journal Say "Opps"?

Stocks: (DJ)(GM)

The front page of today's Wall Street Journal is one of the first on which they have run advertising. Page One has been strictly devoted to news for many years.

But, wouldn't you know it, starting off on a new venture ends up being an embarrasment. Below the fold on the right is an article on GM titled "Kerkorian Aims to Boost GM Stake In Bid to Add Pressure on Wagoner". Right below it, an ad for GM's new 100,000 mile warranty. The headline of the ad: "A New Level Of Confidence". Maybe they should send it to Kerkorian and tell him to keep his money.

Douglas A. McIntyre can be reached at douglasamcintyre@247wallst.com. He does not own securities in companies that he writes about.
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