The Honeymoon Is Over At Tribune

03/28/2008 02:45 am ET | Updated May 25, 2011

In the weeks since Sam Zell led a buyout of Tribune, the real estate mogul has been meeting with some of his wary new employees, reportedly making a good first impression during visits to the newsrooms of the Chicago Tribune and Newsday.

But departing Los Angeles Times Editor James O'Shea's blistering attack Monday on Tribune's spending priorities served as a blunt reminder, if any were needed, that Zell's charismatic presence at the helm won't magically wave away the severe financial challenges faced by his newly acquired newspapers.

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