Steve Ringhoff’s Modesto Explained presents local investigative journalism on a range of subjects. Here, Steve offers an insider’s look at the McClatchy corporation’s precarious debt load and what it might mean to the future of its newspapers. Reprinted with permission. Do the 19 or so descendants of the founders of The McClatchy Company—whose media empire includes The Modesto Bee—feel the hot breath of a hedge fund wolf on the backs […]