Michelle Malkin and Brian Maloney continue their groundbreaking series on the Air America financial scandal, this time taking direct aim at the netlet's number-one asset: Al Franken. It turns out that Franken has lied to his listeners about his ignorance of the heavy debts that Evan Montvel Cohen rang up in an attempt to float Air America and during the asset sale that now appears to have been a fraudulent conveyance. How do we know this? Michelle and Brian have turned up an agreement with Franken's signature -- an agreement that made Franken a key player in the series of transactions that resulted in the fraudulent conveyance:

Along with the network's current management and shell-game-playing owners, Al Franken has gotten a pass, even from some conservative commentators who have claimed that it's unfair to blame the liberal radio network's financial and legal entanglements on its on-air talent.

Those claims are wrong.

According to a November 2004 settlement agreement between former Air American head honchos Evan Cohen and Rex Sorensen and Air America's current owners and investors at Piquant LLC, Al Franken was smack dab in the middle of negotiations over the debts owed by the liberal radio network--including the Gloria Wise loan. The agreement was signed to clear the decks in advance of the questionable asset transfer from Air America's old owners, Progress Media and Radio Free America, to Piquant.

Not only have the intrepid blog reporters found these key documents, but they also found a blockbuster witness to the agreement that supports their claims. They found Evan Montvel Cohen.

Brian's half of the story also nails Sheldon Drobny as a lying liar:

[W]e now know $167,000 of the Gloria Wise taxpayer money was transferred to Air America on October 2, 2003. This is revealed in the settlement agreement. The Drobnys turned over the reins in November, 2003, retaking it in 2004 from Evan Cohen and Rex Sorenson.

Therefore we can prove, via hard evidence, the transfers began on Sheldon's watch. He didn't tell the truth on C-SPAN, did he?

Smoking guns sure do come in handy.

In this case, smoking guns seem to abound. One wonders why the Exempt Media has still failed to cover this story, especially the New York Times. Now we have a presumed candidate for Senator in 2008 who participated in an arguably fraudulent shell game with Lyndon LaRouche supporters in order to stiff creditors, among them a non-profit whose earmarked grant money went into their pockets. Will anyone here at the Minneapolis Star-Tribune or the Saint Paul Pioneer Press find that interesting enough to publish? Michelle and Brian would love to speak with either or both.

Read it all -- a breathtaking piece of journalism.

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» Headache from NIF
Today's dose of NIF - News, Interesting & Funny! [Read More]

Tracked on September 7, 2005 6:24 AM

» Air America Scandel: Thomas Montvel Cohen, “Al Franken calling me a crook is a little like the pot calling the kettle black.” from FullosseousFlap's Dental Blog
Michelle Malkin has INSIDE AIR AMERICA: AL FRANKEN’S LYING LIES. Read it all here. In other words, Franken claimed on the air he knew nothing of the Gloria Wise “or something” fiasco nine months after he signed a legal agreement ... [Read More]

Tracked on September 7, 2005 12:47 PM

» Al 'n Sheldon, caught in the act from Tel-Chai Nation
More now on the Air America scandal, with Michelle Malkin and Brian Maloney presenting their latest investigations into the radio scam, and the lies that Franken and Drobny have been caught comitting. [Read More]

Tracked on September 7, 2005 4:37 PM

» Air Scamerica's Big, Fat, Red-Handed Idiot from Hard Starboard
Taking another break from Mortal Katrina Kombat, this week saw another hugely entertaining development in the financial scandal engulfing the entity that was going to put Rush Limbaugh out of business. Al Franken knew about the shady shenanigans from... [Read More]

Tracked on September 10, 2005 9:33 PM