Wednesday, March 4, 2009

The unforgiving minute

This just in:

The Reader's Digest Association, saddled with over $2 billion in debt, is exploring its options to file for Chapter 11 restructuring.

The good news: By careful editing, the RDA's attorneys expect to be able to reduce the length of the filing documents by over 30%, while retaining most of the sense and drama of the original.

Minute's up.

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