Mark Lacter listened in on Sam Zell's conference call today with analysts and didn't hear much that was new. Zell says employees keep telling him he's a breath of fresh air: "We are changing the culture, we are changing the environment, and we are changing everyone's goals." LA Biz Observed

* But he does say: "From where we sit right now, it does not appear we will have difficulty meeting our commitments going forward." Tribune also hired another former Clear Channel exec and put out another jokey news release. Portfolio

Previously:
Geffen and Zell talking about LAT