Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: American Spirit who wrote (22386)	3/7/2008 6:17:38 PM
From: TideGlider	Read Replies (1) of 224704

Liberal talk-radio network Air America, which provides programming for two Sacramento-area radio stations, filed for protection under Chapter 11 bankruptcy Friday while it reorganizes. According to court filings, the station has less than $10 million in assets and between $10 million and $50 million in debts. Radio personality Al Franken is owed $360,749 in wages. Air America also reported that it owes the Minneapolis-based producer of Franken's show, Billy Kimball, $84,893. Air America is based in New York; KCTC-AM 1320 and KSAC-AM 1240 in Sacramento are among those that carry the left-leaning programming, launched as an intended counterweight to more conservative radio fare such as the show of former Sacramento talkster Rush Limbaugh. The New York Times reported that the two-year-old network will stay on the air while corporate parent Piquant Inc. tries to reorganize and ecure additional financing under a new CEO, Scott Elberg.

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