Philadelphia Inquirer "I lost a lot of money," says
Bruce Toll, who is among the largest investors in Philadelphia Media Holdings, which has filed for bankruptcy protection. "It wasn't anybody's fault. It was the economy. Look at the Sunday Inquirer. We used to have 52 pages of auto ads."
William A. Graham IV, the biggest PMH investor at more than $30 million, says he would invest in the papers again. "I'm proud I did it."
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CEO Tierney tries to cast the filing in positive terms
