From a business owners perspective this really is unbelievable.
First off -they start a network so they can " get their message out"..which is a ruse because they already have the MSM barking their talking points and it is not working Air Amerika is just rehashing what we see on ABC, NBC, CNN, etc...so where is the market that is not being served? Who wrote this business plan?
Secondly- Looking at the wages they were paying everyone is unbelievable! Only a couple of them had proven success in radio...but Franken ( his show is terrible) is promised $1 million? How did they determine market value? Now this lady gets a cool 1/2 million? So where are her #'s to prove that kind of compensation? And now she is suing because she only got half of what she was promised? Shouldn't rating decide what she gets? Very bad business decision again by Air Amerika..locking in wages that can't be justified and then trying to " write them off" is just unbelievable.
Overall it looks like a bunch of money-grubbing self serving idiots who have this idea they are above it all.
And when confronted with the bad business decisions they " reorganize" to obsolve the debts. Further proving they don't have any idea what they are doing...and the end justifies the means.
So remember...if Air Amerika has to steal money, not pay debts or employees and make a scam company sale to hide behind...it's okay because they need to get their message out and that is more important than if they used legitimate ways to do so.
yup , ya nailed it , but may I point out[although we know] it was during a Presidential Election Campaign , this was hastily cobbled together so they could scream lies in FULL LIAR MODE over the airwaves,unfettered!! "hey Spitzer , c'mon, we can smell yer political aspirations going up in smoke,or is everyone in yer office on vacation?"