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To: AmericanMade1776

I seem to recall Al being given $$ up front.

If he is off the air, does he have to give some of the money back?


7 posted on 09/14/2006 4:28:09 AM PDT by RangerM
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To: RangerM
I think they had to repay the upfront money

Franken's time at Air America Radio has not been without some scandal and controversy. In September of 2005, The New York Sun reported that Al Franken was among the signers of a confidential agreement in November 2004 that said the Air America network would repay $875,000 it had borrowed from the Gloria Wise Boys and Girls Club, a Bronx nonprofit organization. [4] The legality of the loan is under criminal investigation by New York State Attorney General Eliot Spitzer. Although Al Franken was one of the signers of the November 2004 confidential agreement to repay the Gloria Wise loan, Franken maintains that he was not aware of the details regarding Gloria Wise in the agreement and simply signed it under the advice of legal counsel (see Air America-Gloria Wise loan controversy). On September 8, 2005, The New York Sun quoted Air America CEO Danny Goldberg's defense of Al Franken: "Al Franken does not have and never had any responsibility for this loan." [5] Piquant LLC, the parent company of Air America, has repaid the entire $875,000 into an escrow account. [6] http://en.wikipedia.org/wiki/Al_Franken

15 posted on 09/14/2006 4:41:01 AM PDT by AmericanMade1776
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