The Last Page

The Last Page

A quiet revolution took hold in New York City during the humid summer months. WNYC FM and AM, the public radio stations owned by the city since 1922, were put on the selling block by a Republican mayor set on privatizing city as- sets. Rudy Giuliani, who is governing by slashing city services—yet still dares to fancy himself a “liberal”—capitulated to radio listeners in Manhattan’s elite neighborhoods by agreeing to sell the radio stations at a bargain basement price of $20 million, a below-market value.

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Lima