You are right. Especially KFBK and Williams' trip to Iraq even though Williams paid his own way (along with his wife).
In fact, I'd go so far as to say that Ms Morgan's activism got on Lee Rodgers' nerves from time to time. I remember when she left for Berkeley unexpectedly one morning due to her group's confrontation with Code Pink -- and I think he was serious -- Lee hoped she'd get arrested.
We've seen how the Left was willing to lose money to run Air America. I don't doubt that the Left was willing to lose money to buy the ABC Radio network for the sole purpose of dismantling right-wing talk radio one Station/show/personality at a time.
-PJ