« Dafydd: An Atta By Any Other Name | Main | Air America: The Bill Gets Bigger As We Speak »
In the first part of the multiple-installment series by Michelle Malkin and Brian Maloney, the pair expose Air America's transfer of ownership between original parent firm Progress Media and current owners Piquant Media as little more than a shell game. In part II, the two show that the shell game may not have ended with the first allegedly fraudulent conveyance:
On July 21, 2005, a standing room-only crowd of Democrats filled a Highland Park, Illinois, public library conference room to hear two local businesspeople talk about their company and its future plans.The attraction? These weren't your everyday corporate suits: it featured Sheldon and Anita Drobny, who last year put Al Franken and Janeane Garofalo on their upstart liberal Air America talk radio network. Hearing about their "success" was surely appealing. ...
Sheldon's wife Anita took to the podium to spill the beans about Nova M Radio.
Disclosing Air America's future plans to a room full of rabid supporters might seem smart, especially if it brings potential investors to what inside sources say is an effort to raise $5 million to fund the new company.
Was such a public disclosure legal, however? Since Nova M Radio's offering is set up as a private placement, there have been no indicated or available US Securities and Exchange Commission filings.
Be sure to read this latest entry in the Air America scandal -- the story that even the New York Times admits we should be reading even if they're not covering it.
Sphere It View blog reactionsTrackback Pings
TrackBack URL for this entry is
Listed below are links to weblogs that reference Air America: More Shell Games:
» Err America Woes from http://hardstarboard.blogspot.com/2005/08/err-america-woes.html
Meanwhile, in part deux of Brian Maloney's and Michelle Malkin's joint blogestigative report on the Air Scamerica scandal, we learn that the left-wing radio netlet is still scamming away to this day:
On July 21, 2005, a standing room-only crowd ... [Read More]
Tracked on August 19, 2005 10:14 PM
» Err America Woes from http://hardstarboard.blogspot.com/2005/08/err-america-woes.html
Meanwhile, in part deux of Brian Maloney's and Michelle Malkin's joint blogestigative report on the Air Scamerica scandal, we learn that the left-wing radio netlet is still scamming away to this day:
On July 21, 2005, a standing room-only crowd of... [Read More]
Tracked on August 19, 2005 10:16 PM
captain*at*captainsquartersblog.com
My Other Blog!
E-Mail/Comment/Trackback Policy
Comment Moderation Policy - Please Read!
Skin The Site
Hugh Hewitt
Captain's Quarters
Fraters Libertas
Lileks
Power Line
SCSU Scholars
Shot In The Dark
Northern Alliance Radio Network
Northern Alliance Live Streaming!
Des Moines Register
International Herald Tribune
The Weekly Standard
Drudge Report
Reason
The New Republic
AP News (Yahoo! Headlines)
Washington Post
Guardian Unlimited (UK)
New York Times
Los Angeles Times
OpinionJournal
Pioneer Press
Minneapolis Star-Tribune
MS-NBC
Fox News
CNN
Design & Skinning by:
m2 web studios
blog advertising
- dave on Another National Health Care System Horror Story
- brooklyn on Hillary Not Hsu Happy
- rbj on Hillary Not Hsu Happy
- Robin S on Requiem For A Betrayed Hero
- Ken on Hillary Not Hsu Happy
- Robin S. on Requiem For A Betrayed Hero
- RBMN on Hillary Not Hsu Happy
- NoDonkey on Another National Health Care System Horror Story
- Robin Munn on Fred Thompson Interview Transcript
- filistro on When Exactly Did Art Die?