AMI, parent company of the National Enquirer, has a negative net worth of about $203 million

[MarcATL]

The closely held American Media Inc. -- led by the president’s longtime friend, David Pecker -- recorded a $31.5 million loss in the six months that ended Sept. 30, according to documents reviewed by Bloomberg. That marked an improvement over the previous year, but nonetheless brought the company’s total losses over the last 5 1/2 fiscal years to $256 million. AMI owed about $203 million more than its assets were worth.

It also owns...

1. Star
2. InTouch
3. Globe
4. US Weekly
5. RadarOnline
6. National Examiner
7. Muscle & Fitness
8. Soap Opera Digest
9. Men’s Journal
10. Flex
11. Life & Style
12. OK!

New Jersey-based Chatham Asset Management, a $4 billion investment firm, is the main money behind AMI. The firm threw a financial lifeline to Pecker’s company in 2014 and ended up with about an 80 percent stake. Chatham also is one of the company’s major creditors.

Public employees in New Jersey may suffer if National Enquirer’s legal troubles continue

Government officials in Ohio and New Jersey invested hundreds of millions of pension dollars in a high-risk hedge fund that controls the National Enquirer’s parent company, American Media Inc. (AMI), which offered to run interference for the Trump campaign during the 2016 election, burying stories that might negatively impact then-candidate Trump.

A new report by Capital and Mainreveals the Ohio and New Jersey pension funds, under Republican Gov. John Kasich and former Gov. Chris Christie, poured at least $625 million into Chatham Asset Management between 2013 and 2014. The hedge fund purchased an ownership stake in AMI in the summer of 2014.

 

[miketx]

Everything is about Trump with you isn't it? Does he pay you rent?

 

[martybegan]

The closely held American Media Inc. -- led by the president’s longtime friend, David Pecker -- recorded a $31.5 million loss in the six months that ended Sept. 30, according to documents reviewed by Bloomberg. That marked an improvement over the previous year, but nonetheless brought the company’s total losses over the last 5 1/2 fiscal years to $256 million. AMI owed about $203 million more than its assets were worth.

It also owns...

1. Star
2. InTouch
3. Globe
4. US Weekly
5. RadarOnline
6. National Examiner
7. Muscle & Fitness
8. Soap Opera Digest
9. Men’s Journal
10. Flex
11. Life & Style
12. OK!

New Jersey-based Chatham Asset Management, a $4 billion investment firm, is the main money behind AMI. The firm threw a financial lifeline to Pecker’s company in 2014 and ended up with about an 80 percent stake. Chatham also is one of the company’s major creditors.

Public employees in New Jersey may suffer if National Enquirer’s legal troubles continue

Government officials in Ohio and New Jersey invested hundreds of millions of pension dollars in a high-risk hedge fund that controls the National Enquirer’s parent company, American Media Inc. (AMI), which offered to run interference for the Trump campaign during the 2016 election, burying stories that might negatively impact then-candidate Trump.

A new report by Capital and Mainreveals the Ohio and New Jersey pension funds, under Republican Gov. John Kasich and former Gov. Chris Christie, poured at least $625 million into Chatham Asset Management between 2013 and 2014. The hedge fund purchased an ownership stake in AMI in the summer of 2014.

This has more to do with the decline of print media than anything to do with Trump.

 

[MarcATL]

Everything is about Trump with you isn't it? Does he pay you rent?

 

[miketx]

So yes then, all you do is piss and moan about Trump. Nutcase.

 

[MarcATL]

So yes then, all you do is piss and moan about Trump. Nutcase.

Everything is a defense of Trump w/you isn't it? What, do you service him on your knees daily?

 

[miketx]

So yes then, all you do is piss and moan about Trump. Nutcase.

Everything is a defense of Trump w/you isn't it? What, do you service him on your knees daily?

The majority of my comments do not mention Trump.

 

[MarcATL]

The majority of my comments do not mention Trump.

Neither do mine.

 

[Auld Phart]

Everything is about Trump with you isn't it? Does he pay you rent?

Deflection?

when you added this line:

led by the president’s longtime friend,

you deflected from the story, and made it about Trump.

 

[mdk]

Yeah, this type of gossipist print media has been suffering for ages as more and more people get their trashy fix from the internet. It is the same story for all print media.

 

[aaronleland]

Who knew the company that tried blackmailing the richest man in the world is being poorly managed?

 

[Penelope]

The closely held American Media Inc. -- led by the president’s longtime friend, David Pecker -- recorded a $31.5 million loss in the six months that ended Sept. 30, according to documents reviewed by Bloomberg. That marked an improvement over the previous year, but nonetheless brought the company’s total losses over the last 5 1/2 fiscal years to $256 million. AMI owed about $203 million more than its assets were worth.

It also owns...

1. Star
2. InTouch
3. Globe
4. US Weekly
5. RadarOnline
6. National Examiner
7. Muscle & Fitness
8. Soap Opera Digest
9. Men’s Journal
10. Flex
11. Life & Style
12. OK!

New Jersey-based Chatham Asset Management, a $4 billion investment firm, is the main money behind AMI. The firm threw a financial lifeline to Pecker’s company in 2014 and ended up with about an 80 percent stake. Chatham also is one of the company’s major creditors.

Public employees in New Jersey may suffer if National Enquirer’s legal troubles continue

Government officials in Ohio and New Jersey invested hundreds of millions of pension dollars in a high-risk hedge fund that controls the National Enquirer’s parent company, American Media Inc. (AMI), which offered to run interference for the Trump campaign during the 2016 election, burying stories that might negatively impact then-candidate Trump.

A new report by Capital and Mainreveals the Ohio and New Jersey pension funds, under Republican Gov. John Kasich and former Gov. Chris Christie, poured at least $625 million into Chatham Asset Management between 2013 and 2014. The hedge fund purchased an ownership stake in AMI in the summer of 2014.

Pecker will just file bankruptcy again, he is a trumper.

 

[depotoo]

They actually invested in -

The pension fund also made a private debt commitment of up to $200 million to the Chatham Asset Private Debt and Strategic Capital Fund, managed by Chatham Asset Management

And lo and behold, California also invested in Chatham Asset -

California's pension fund also has a $235 million stake in a Chatham fund.



Talk about much todo about nothing.

Oh, and the fund has a 14% return.