Free Republic

Despite a Tuesday morning (Sept. 19) rant by America’s shock jock Howard Stern that he was not the subject of reported talks between his boss, Mel Karmazin, and Citadel Broadcasting chief Farid Suleman, shares of Sirius Satellite Radio continued to erode in late afternoon trading. Shares of the fledging satcaster dipped nearly 5% or 19 cents to $3.92 as more than 45 million shares traded hands. The turmoil began with a report in the Tuesday morning editions of the New York Post that said Sirius CEO Karmazin has been negotiating with Citadel’s Suleman about putting Stern on Citadel-ABC stations once...