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Al Franken Signed Air America's Payment Pact (took $875,000 loan from a non-profit)
NY Sun ^ | 9/7/05 | DAVID LOMBINO

Posted on 09/07/2005 9:32:01 AM PDT by Cableguy

The Air America radio network's biggest star, Al Franken, and its former chairman, Evan Montvel Cohen, were among the signers of a confidential agreement last November that said the network would repay $875,000 to a Bronx nonprofit organization, the Gloria Wise Boys & Girls Club.

Transfers to Air America from Gloria Wise, for which Mr. Cohen worked as a fund-raiser during the period when he helped launch the liberal network, have surfaced as part of the probe by the city's Department of Investigation and the state attorney general into "inappropriate transactions" by Gloria Wise. The city has frozen all grants and contracts with the organization, which had an annual budget of $20 million, and many of its programs have been reassigned to other Bronx organizations.

The November "settlement agreement" was also signed by the current owners of Air America, Piquant LLC, and Mr. Cohen's business partner, Rex Sorensen. In the 61-page document, obtained yesterday by The New York Sun, the parties indemnified each other from lawsuits.

Lawyers representing an owner of radio stations, Multicultural Radio Broadcasting, received the agreement after issuing subpoenas in connection with their pending lawsuit against Air America. Multicultural, represented by Gibson, Dunn & Crutcher, is suing Piquant and others for more than $1 million that it says it is owed, and the confidential settlement was quoted at length in its lawsuit.

(Excerpt) Read more at nysun.com ...


TOPICS: Crime/Corruption; News/Current Events
KEYWORDS: airamerica; alfranken; americahaters; bushhaters; franken; fraud; fundingtheleft; gloriawise; liberaltalkradio; radicalleftists; talkradio
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1 posted on 09/07/2005 9:32:04 AM PDT by Cableguy
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To: Cableguy

Did they sign as individual guaranters, or just as corporate officers?


2 posted on 09/07/2005 9:33:58 AM PDT by PeterPrinciple (Seeking the truth here folks.)
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To: Cableguy

But Al said he didn't have anything to do with it.....?


3 posted on 09/07/2005 9:35:24 AM PDT by jaydubya
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To: Cableguy

LMFAO. What a scam!


4 posted on 09/07/2005 9:35:56 AM PDT by Patti_ORiley
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To: Cableguy

Whoa. Franken signed it? I thought he was pleading ignorance?


5 posted on 09/07/2005 9:36:08 AM PDT by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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To: mewzilla
LOL LOL LOL

Fathead Franken always railing on "big money greed" and corporations stealing from the poor, etc.
6 posted on 09/07/2005 9:37:14 AM PDT by over3Owithabrain
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To: mewzilla
"I thought he was pleading ignorance?"

Someone needs to inform him that stupidity and ignorance are two distinct things.

7 posted on 09/07/2005 9:38:06 AM PDT by avg_freeper (Gunga galunga. Gunga, gunga galunga)
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To: avg_freeper

And lying makes a third one.


8 posted on 09/07/2005 9:38:34 AM PDT by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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To: Cableguy

No one knows anything...reminds of of the Hogan Heroes character Sgt. Schultz "I know nothing..."

Could you image if it was a conservative who did this...DU, DFA and the other members of the radical left would be all over it for months!


9 posted on 09/07/2005 9:39:11 AM PDT by Trainer (9/11...Never forget, never forgive.)
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To: PeterPrinciple

Why am I not suprised in the least that Air America pulled this?

Garafalo has already agreed to join that tv show, the left wing, with Martin Sheen. Like rats leaving a sinking ship.

I would love to be there the day Franken is in the middle of some long winded diatribe as the power is cut in the station for good.



10 posted on 09/07/2005 9:39:40 AM PDT by Proud_USA_Republican
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To: Cableguy

This all makes no sense to me. In the overall scheme of things this is chump change. MoveOn supporters could take care of this in a nano second. There is something happening behind the scenes.


11 posted on 09/07/2005 9:39:58 AM PDT by FreedomSurge
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To: jaydubya
But Al said he didn't have anything to do with it.....?

Further, he said he didn't even know about it!

12 posted on 09/07/2005 9:41:26 AM PDT by Phantom Lord (Fall on to your knees for the Phantom Lord)
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To: Mo1; radioproducer

*ping*


13 posted on 09/07/2005 9:42:30 AM PDT by tiredoflaundry (If you can make one person smile each day,You have had a good day!)
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To: Phantom Lord

Can you imagine if Rush had been involved in a slimy deal like this? The MSM would be demanding his execution.


14 posted on 09/07/2005 9:43:19 AM PDT by TNCMAXQ
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To: Cableguy
agreement last November that...

Interesting timing, before or after election day?

15 posted on 09/07/2005 9:44:27 AM PDT by McGruff (Woof!)
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To: FreedomSurge

Soros, Tides Foundation, etc... could keep it funded, but their ratings are soo horrible, it would be like throwing money away. Nobody is listening but the liberals who would vote democrat no matter what. Its serving no purpose. Their ratings are dead last in talk radio.
Total embarrassment.

These people demand an audience if they are going to put their money into something. I'm sure now that the Cindy story has died, they aren't financing her and her caravan of traveling moonbats anymore.


16 posted on 09/07/2005 9:45:56 AM PDT by Proud_USA_Republican
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To: Cableguy

Was his book, Lying Liars, an autobiography?


17 posted on 09/07/2005 9:46:21 AM PDT by linkinpunk
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To: jaydubya

What was the Title of his book? "Liars lie?"


18 posted on 09/07/2005 9:48:02 AM PDT by longfellow (Bill Maher, the 21st hijacker.)
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To: Cableguy
Last night Michael Savage called Air America "the vanity press of radio."
19 posted on 09/07/2005 9:50:20 AM PDT by Alouette (Learned Mother of Zion)
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To: Proud_USA_Republican
Nobody is listening but the liberals who would vote democrat no matter what.

Most of them aren't listening either. Only the DU crowd listens.

20 posted on 09/07/2005 9:51:22 AM PDT by kevkrom ("Political looters" should be shot on sight)
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