Archive for August 10th, 2001

THOSE WHO IGNORE HISTORY ARE DOOMED TO RAISE NEW FUNDING

August 10, 2001

“The financial climate is the worst it’s been in 25 years.”

Salon CEO Michael O’Donnell, claiming that his website’s layoff of 14 employees exceeds the fiscal brutality of the Reagan Recession, the Crash of ’87, the Gulf War, and the 1998 Asian Crisis, San Francisco Chronicle, 10 August 2001