Susca, M: Hedged How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy

"Susca has written a valuable guide to this world of greed, unbound by any sense of mission beyond lining the pockets of wealthy investors. As we move into the post-newspaper era, it would serve all of us who care about local news and its role in fostering civic life to look back at what happened, and what is happening still." --Arts Fuse "Hedged shines a light on one of the most underdiscussed and underappreciated parts of the collapse of local news--the role of hedge funds and private equity firms. It's an important book for anyone who wants to truly understand the decline of local journalism or who wants to craft solutions."--Steven Waldman, President and cofounder of Report for America