---Many of Air America's investors and executives say they thought the network had raised more than $30 million, based on assurances from its owners, Guam-based entrepreneurs Evan M. Cohen and Rex Sorensen.
In fact, Air America had raised only $6 million, Mr. Cohen concedes.---
Isn't this a replay of the Dean campaign? They supposedly had raised all this money on the internet and everyone wondered how in the world they could have spent it all half way through the primary.
"---Many of Air America's investors and executives say they thought the network had raised more than $30 million, based on assurances from its owners, Guam-based entrepreneurs Evan M. Cohen and Rex Sorensen."
Wouldn't that make them Benedict Arnold CEO's??? ;)