On This Day: Lien Sale

Manhattan it wasn’t, but if you were a “bridges and tunnels” commuter who didn’t drive, Newsday was your go-to read. In the days before smartphones, before MP3 players, podcasts, and web pages, you’d board the MTA bus or train, claim your seat if you were lucky, and either put on a CD, and FM radio, get out a paperback. The […]

CTI Enters Chapter XI Bankruptcy

“I’d rather laugh with the sinners, Than cry with the saints; The sinners are much more fun, You know that only the good die young” Billy Joel, Only The Good Die Young, 1978. On Saturday December 9th, 1978, Creed Taylor Inc. was listed in the New York Times financial section as applying for Chapter-11 bankruptcy protection. There, right above the […]