Debt and taxes spell doom for economy

In Sun Valley, Media Chiefs Fret Over Economy

By JESSICA E. VASCELLARO

SUN VALLEY, Idaho —Media and technology executives and investors are sounding new alarm bells about the economy, worried it could wipe out recent growth.

In an interview Thursday morning at the Allen & Co. conference in Sun Valley, WPP LLC chief executive Martin Sorrell cited the possible widening of Europe's economic troubles along with the coming expiration of some tax cuts as among the fears of the media, entertainment and technology executives attending the annual event. "People feel that things are uncertain," he said.