I love this story. The lobbyist, who the Times implied had an affair with Sen. McCain, is suing the rag for defamation asking $27 million in damages. That is some amount more than the company is actually worth today.
Not only can they not sell papers but now they're being sued like "The National Enquirer" for rumor mongering. They couldn't be bothered to report the actual affair of candidate John Edwards, but they printed an article that was totally without facts. Reading it was embarrassing due to the lack of actual sourcing.
The lesson, to me, is when journalist adopt an agenda instead of just reporting they will get hurt.