Showing posts with label NJMG Chairman Malcolm A. "Mac" Borg. Show all posts
Showing posts with label NJMG Chairman Malcolm A. "Mac" Borg. Show all posts

Wednesday, March 25, 2015

Christie's indecision, waffling shouldn't be front-page news

Hackensack's open-air venue, which also has been called a downtown park, is taking shape along Atlantic Street, near Main Street.



By VICTOR E. SASSON
EDITOR

Editor Martin Gottlieb of The Record continues to ignore the close relationship of real estate mogul Jon F. Hanson to both Governor Christie and the Borg family, publisher of the Woodland Park daily.

Today, as on too many days in the past, a Page 1 news story by Melissa Hayes and a Charles Stile column on Christie's on-again, off-again presidential aspirations opens the editor to charges that the fix is in (A-1).

Hanson, founder and chairman of the Morristown-based Hampshire Real Estate Cos., is a top Christie fundraiser as well as his adviser on state gambling and entertainment policy.

He also co-owns a business jet with Malcolm A. "Mac" Borg, chairman of North Jersey Media Group.

Local news?

In Local today, the sixth-grader who won the 78th annual North Jersey Spelling Bee gets far more space than Lesley Renee Adams, the first black woman to serve as a municipal judge in Bergen County (L-1 and L-2).

What is the lead local-news story today?

A dispute between Korean restaurant owners in Palisades Park who have liquor licenses and those who allow patrons to bring their own beer and soju (L-1).

A better place for that story would be the thin Better Living section, where the editors pretend to cover the North Jersey food scene.

Editing lapses 

Staff Writer Kibret Markos is filling in on his old beat, the Bergen County Courthouse in Hackensack, while Peter Sampson covers the Joseph Ferriero trial in Newark federal court.

Today, the headline and Markos' first paragraph both report two men were indicted on vehicular homicide charges in separate crashes (L-1).

But the second case isn't discussed until the continuation page (L-2). 

Another editing lapse is saying the men "face trials," far from a certainty. They could take a plea deal.




Sunday, November 15, 2009

Mac delivers bad news to retirees

Privately held North Jersey Media Group, publisher of The Record and Herald News, again is cutting expenses to avoid further layoffs, NJMG Chairman Malcolm A. Borg said in a letter to retirees I received Friday. The letter is signed with his nickname, "Mac." (I don't know whether that is from a love for  mac 'n cheese or whether it's short for MacDaddy or Mac the Knife. Or is that the standard abbreviation among wealthy whites for Malcolm?)

 
Effective Jan. 1, NJMG will no longer reimburse retirees monthly to help them pay for Medicare supplement insurance and will no longer contribute toward the cost of dependent's medical insurance. All medical plans will move to United Healthcare "in order to help contain costs." Mac gives no estimate of anticipated total savings.


A Medicare card, with several areas of the car...Image via Wikipedia

"I can assure you that this decision is not indicative of the great appreciation that I have for your many years of service," Mac wrote. "Despite our difficulties, North Jersey Media Group is still able to go forward, largely because of the work of its talented and dedicated staff -- both present and past."

"I trust you will know that we had no other choice in this matter," he added.


Mac doesn't say NJMG is losing money. In fact, The Record has never lost money and if it had, we were never told it did. That hasn't stopped layoffs, restructuring and salary freezes, but the number of employees affected has never been been made public.


Mac cited dramatic declines industrywide in advertising revenue ("our life-blood") that have forced NJMG "to drastically reduce expenses in order to remain a viable company."
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