Washington Times Sold for $1 to Allies of Rev. Moon

After a confusing flurry of reports, it appears that control over the Washington Times will revert back to its founder, the controversial Reverend Sun Myung Moon of the worldwide Unification Church. Moon (left in picture) had handed the paper over to his son, Preston Moon, who made significant staff cuts in what he said was an effort to keep the paper afloat. The new owner of the paper will officially be Douglas Joo (right in picture) who is an ally of the reverend and whose company bought the paper for $1. New York Times