Things are so bad at Forbes, the company is forced to sell one of the brothers
To readers who forgot what day it was, Alan Farnham landed a major scoop on the Huffington Post this morning. The former senior editor at Forbes reported that the tough economic climate was forcing Forbes LLC to sell a member of the family that runs the company. In taking a humourous jab at his former bosses, Farnham wrote that Christopher ‘Kip’ Forbes was considered the most likely candidate—his role “diminished following the sale of artworks from the family collections, over which he had responsibility”—and that ‘Kip’ had already attracted several prospective Middle Eastern buyers. “Yesterday’s announcement squelched rumors the company has nothing left to sell,” wrote Farnham, who was laid off in January.