Re Fox News and coverage on this criminal activity:
http://www.foxnews.com/story/0,2933,164165,00.html
Funding Air America
New York City's Department of Investigations has shut down millions of dollars in city contracts to the Gloria Wise Boys & Girls Club after allegations of corruption. Part of the inquiry involves allegations that the community center's founder invested some city funds in the liberal radio network, Air America (search).
The Bronx News reports that hundreds of thousands of taxpayer dollars were diverted to Air America's former management company in the form of a loan, which was to be paid back with interest but was not. An Air America spokesman says, "We're committed to paying this money and the terms are being worked out... We are awaiting direction from the investigation into how to proceed."
If I'm not mistaken The Bronx News was where this story first broke.
I know Hugh Hewitt has been all over this.
Can we say blogswarm?
DU must be on suicide watch.
Hey...Where's ELLIOT SPITZER on this criminal activity??? It's happening right under his nose.
How exceedingly convenient. Each of the times that I have "borrowed" hundreds of thousands of dollars, I was required to work out the details in advance, in triplicate, secured by real property.