"We are not declaring bankruptcy, in fact, we are achieving record profits, we smash Rush Limbaugh in the ratings."
Posted on 09/14/2006 10:23:06 AM PDT by SmithL
Financially strapped Air America Radio, after star commentator Al Franken said his paycheck had stopped coming, acknowledged Thursday that it had laid off a few employees but insisted it has no plans to declare bankruptcy.
"If Air America had filed for bankruptcy every time someone rumored it to be doing so, we would have ceased to exist long ago," Jaime Horn, a spokeswoman for the liberal talk show network, said in a statement. "It may be frustrating to some that it hasn't happened."
Horn, without getting specific, said there were "a handful of layoffs" that followed a move of the network's New York outlet from WLIB-AM to WWRL-AM, a station with a less powerful signal. The network launched in March 2004.
Franken, broadcasting Thursday from New York, said he was aware of the bankruptcy rumors. "We may or may not, that's what I'm hearing," Franken said at the start of his noon broadcast. But he assured listeners that the financial problems wouldn't silence the network.
"Let me say one thing; if we do go into bankruptcy — I've flown on United (Airlines)," he said. "They went into bankruptcy."
United operated for more than three years before it came out of bankruptcy last February.
Franken, in a recent interviews, said the network was suffering from "a cash flow problem."
"No cash has been flowing to me," Franken,
(Excerpt) Read more at sfgate.com ...
whats air america and who is al franken?
If they aren't planning on bankruptcy, they're doin' a heckuva job getting there just the same!............
Who is John Galt?.........
A decently funny line. I guess he really was a comedian at one point in time!
OK.
"We are not declaring bankruptcy, in fact, we are achieving record profits, we smash Rush Limbaugh in the ratings."
But - if we do - we won't lose stations.
But - if we do - we won't lay off our hosts.
But - if we do - we won't lay off Al Franken.
But - if we do - we won't scam a charity for more money.
But - if we do -------
Yada - yada -yada.
George Soros cash infusion. Incoming.....
The market has finally settled on the value of Franken's radio show.
Seeing their track record when it comes to comparing what they say and what they actually do, I can officially say:
Of course, going bust without the protection of declaring bankruptcy as well as having no plan for continued operation is REALLY smart. This is what is called FRAUD in the normal world!
"It's Frankensteen!"
So Al has to be real happy about working for free.?. Its like how the world should be run in his head.
They'll continue to survive solely on the charity of a small handful of super-rich leftists, which is basically what they've been doing from the beginning.
They were giving al franken a pay check? They are more stupid than I thought they were.
you never know, he may have the liberal entitlement mentality, and think he deserves a check.
Yeah, and America is not at war, there are no terrorists in Iraq and it's all Bush's fault. Right.
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