The Press: Outfoxed?

As publisher and columnist of the Boston Post, Financial Juggler and Amateur Journalist John Fox last year predicted a major depression in the U.S. The prediction proved spectacularly wrong for everyone but the Post. Since his forecast, his circulation has slumped. A fortnight ago he fired 58 Postmen for economy. Morale has been further damaged by the fact that many a staffer had invested in Fox's Keta Gas & Oil Corp. In the last year the stock has dropped from 15 to 3½. Even Fox himself shows signs of depression about his first erratic excursion into journalism. Last week he announced...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!