April 8, 2008 - 1:23am

Sam Zell must be very proud

Man, things really aren't going well for Sam Zell, the belligerent billionaire who borrowed billions against the future retirement funds of Tribune employees to buy the company's 11 newspapers, including the Los Angeles Times, in a time of declining ad revenues and circulation.

Over on NPR, Zell, who has joked about the success of online pornography and describes himself as the Viagra of the newspaper world, is heard talking to the Tribune's Washington bureau and describing them as "overhead", as well as some other choice words.

Listen to NPR's story here.

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