He tells CNBC that once the company is out of bankruptcy, he will be, too. "I will turn it over to whoever the creditors decide they want to run it, and wish them a lot of good luck," he said. Not a huge surprise - actually, Zell has been so quiet for so long that you might have thought he already had stepped down. Nope, he remains chairman. Meanwhile, the WSJ reports that Tribune creditors are still floating Michael Eisner and Peter Chernin as potential replacements for Zell. Both would seem to be long shots.
More by Mark Lacter:
  American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent  stories:
    Letter from Down Under: Welcome to the HomogenoceneOne last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing
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   Mark Lacter created the LA Biz Observed blog in 2006. He posted 
until the day before his death on Nov. 13, 2013.
Mark Lacter created the LA Biz Observed blog in 2006. He posted 
until the day before his death on Nov. 13, 2013.