A look at the Wall Street rumor mill - Unfiltered. Most of the rumors posted on this blog will never, ever, ever come true. Many are BS. Even more are wishful thinking. YOU SHOULD NEVER BUY A STOCK ON A RUMOR - NEVER! GOT IT? NOW ENJOY.
Wednesday, November 29, 2006
New York Times (NYT) Higher on Report Hank Greenberg Buying Stock
New York Times Co. (NYSE: NYT) is 6% higher on reports from the New York Post, Maurice "Hank" Greenberg, the former Chairman of AIG, has begun buying significant blocks of the stock in an effort to break the Sulzberger family's control of the company.