>> thanks, howie. >> on a purely personal level, you have devoted 15 years of your life to this magazine this must come as a kick in the stomach. >> it is certainly a kick and it's been a really tough week and it's been a really tough couple of years economically. the central goal going forward has to be preserving as many of our folks' jobs as possible and finding a really viable economic and journalistic future for a magazine that i continue to believe is relevant to the national conversation. >> toward that end, you have been talking to investors about possibly buying the magazine. other company does make a bid but the conventional wisdom, and a phrase that "newsweek" made famous, the cw is that the "washington post" company, write also work, couldn't make it work, that "newsweek" doesn't have much of a future? >> well, obviously, i disagree. and i think that you could actually in fact, argue that perhaps a different company could do a better job with it.