Joe Nocera, Columnist

Imagine If Gordon Gekko Bought News Empires

The reality is even worse: This raider sinks decimated newsrooms' revenue into bad investments.

March 26, 2018 at 2:34 PM UTC

Joe Nocera is a former Bloomberg Opinion columnist. He has written business columns for Esquire, GQ and the New York Times, and is the former editorial director of Fortune. He is the host and writer of the Bloomberg-Wondery podcast "The Shrink Next Door."

The Boston Herald is the latest target.
Photographer: Rick Friedman/Corbis, via Getty Images

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Heath Freeman, the 37-year-old hedge fund manager who just bought the Boston Herald, is a character straight out of the movie “Wall Street.”

You remember the plot of “Wall Street,” don’t you?