http://www.waynemadsenreport.com/articles/20070726_2">July 26, 2007 -- Well-funded "DC insider" publication faces rough times
Washington's
Politico and Politico.com, founded with tons of cash from the wealthy Bush friend Robert Allbritton, whose family owned the defunct and scandal-plagued Riggs Bank and the defunct
Washington Star, may soon face another defunct enterprise. The "inside Washington"
Politico and associated web site were launched on January 23, 2007, amid much fanfare from the corporate media.
Word has it that
Politico, the paper edition of which is given away free, is facing financial problems. We have also learned that key staff members have been laid off and that more pink slips may follow.
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