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Blame piles up in Tribune Co.'s 2007 buyout

Aug 4, 2010 12:31:00 AM - chicagotribune.com
Examiner's report finds fault with financial executives and valuation firm, among others

By issuing a set of rosy financial projections and misusing the imprimatur of one of the company's white-shoe investment banks, former and current Tribune Co. executives pushed through a deal that left the Chicago-based media conglomerate insolvent, according to a long-awaited examiner's report in Tribune Co.'s 20-month-old bankruptcy case.

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