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Conde laid off Julian Sanchez yesterday amid more cuts in its digital properties.  Conde is in an especially bad place with the web:  their core competency is selling beautiful, glossy ad pages that readers enjoy looking at.  This does not translate well to a digital format, and it's hard to make your company over overnight.

A bunch of my journalist friends and I have decided that our new toast is "to 2010".  2009 has so far been pretty disappointing for almost everyone I know, not to mention the country for which we all have great affection.

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Megan McArdle is a columnist at Bloomberg View and a former senior editor at The Atlantic. Her new book is The Up Side of Down.

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