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Air America Idiot Update

Well, this is interesting:
Chicago Tribune | Area couple may acquire Air America

The Highland Park couple that founded the precursor to Air America Radio before selling most of it to a group of investors are in negotiations to gain control of the troubled liberal talk network, sources said Thursday.

Sources familiar with the negotiations said Sheldon and Anita Drobny want to buy–with the aid of at least one major new investor–a majority stake in the company.

I can dig it:

A) Float the notion of a liberal-leaning radio network;
B) Sell large % of your stake to clowns who know nothing about radio;
C) Buy back at pennies on the dollar when they inevitably crash and burn;
D) Make money on both ends of the action while looking like White Knights.

I love raw, naked capitalism in action!

And then there’s this bit of piling-on.

ticking, tocking, the death clock’s rocking.

The Air America Idiot Archive

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