Tribune Filing for Bankruptcy this week?

Just two days ago I mentioned the news regarding the financial mess at the Tribune Company could get no worse, I was wrong, it’s just gotten worse with the company possibly filing for bankruptcy protection as soon as this week. What this may mean to the employees of the Tribune Company is additional anxiety as they ponder how much longer they will be employed?

The Wall Street Journal, Paid Content, and The New York Times have much deeper analysis of this breaking story.