To: American Spirit who wrote (119879 ) 4/4/2008 8:07:36 AM From: JeffA Read Replies (2) | Respond to of 173976 Hello and welcome back you lying POS.en.wikipedia.org The company is owned primarily by Green Family Media, made up of New York real estate investor Stephen L. Green and his brother Mark J. Green, who closed on the purchase of the network on March 6, 2007 for US$4.25 million.[1][2] The Greens' purchase of Air America Radio followed the company's Chapter 11 bankruptcy filing on October 13, 2006. Syndication On September 8, 2005 Air America Radio formed a separate syndication division, designed to offer additional programming and services to both progressive talk and other talk/music formats. Air America Syndication was used to syndicate Thom Hartmann, and later Springer on the Radio which aired at the same time as The Al Franken Show and The Sam Seder Show respectively on the regular network lineup. Springer ended his show on December 5, 2006 and Franken's ended on February 14, 2007. On January 29, 2007, Air America announced that Hartmann would replace Franken on the regular network lineup. There currently are no programs syndicated as a part of Air America Syndication. LMAO ALL conservative talk shows are syndicated!!Bankruptcy filing under Chapter 11 On October 13, 2006, Air America filed for protection from creditors, i.e. bankruptcy, under chapter 11, at the U.S. Bankruptcy Court for the Southern District of New York.[12] Air America continued broadcasting while the finances were worked out with the creditors. The company had US$4,331,265.30 in assets and US$20,266,056.23 in liabilities. Al Franken alone was owed US$360,749.98 and Rob Glaser, founder of Real Networks, was owed the most at US$9.8 million. The filing had over 25 pages of creditors and shows the company lost US$9.1 million in 2004, US$19.6 million in 2005 and an additional US$13.1 million by mid-October in 2006.[13][14]