• Portfolio, Monday, September 22, 2008 10:15 AM

Two weeks ago, the New York Sun told readers it was on the verge of shutting down unless it can quickly find some new investors. Now managing editor Ira Stoll says the paper's future is "a very fluid situation that will be resolved quickly."

He notes that plenty of politicians have come out in support, most recently Congressman Anthony Weiner, who praised the paper on the floor of the House of Representatives.

As a result, even though Sun employees are bracing for a Sept. 29 shutdown date, Stoll says that's not yet a foregone conclusion: "There is still some hope."

Read the whole story at Portfolio »