GM Shareholders Want to Know “Where’s the Money?”
If only they asked sooner, shareholder might have had money in their pockets…
Later, during the umpteenth question about MSNBC, another shareholder’s microphone was cut, according to multiple attendees.
“The crowd was very upset with MSNBC because of its leftward tilt,” one attendee said. “Some former employees said they were embarrassed by it.”
One specific complaint about MSNBC concerned Keith Olbermann’s interview of actress Janeane Garofalo, who likened conservatives to racists and spoke of “the limbic brain inside a right-winger.”
“They were upset that Olbermann didn’t bother to challenge her,” one GE shareholder said…
“My biggest surprise was the open hostility to MSNBC,” another shareholder said. “It was noticeable and loud. I don’t remember any of this going on last year.”
Oprah’s School of Scandals
Hmm…
Oprah Winfrey’s elite boarding school for girls in South Africa has been rocked by its second sex scandal in fewer than two years.
Seven students were suspended last week for sexually harassing their schoolmates, the “Afrikaans on Sunday” newspaper reported.
One 15-year-old was accused of preying on another pupil and forcing other girls to lie to investigators about it, the paper reported.
“You have been found guilty of physical contact of a sexual nature with another pupil on campus, harassment, bullying other girls on campus and of being dishonest by not telling investigators the whole truth,” a letter to her parents read.
Other girls were caught fondling each other or trying to get other girls to join them in lesbian liasons, the paper reported.
Former DNC Gets $18M from Biz, Biz Goes Bankrupt
Terry McAuliffe, former DNC Chairman, and his prior business connections:
“This is a bad time to have a reputation for making lots of money, primarily due to your personal connections. Ten years ago, McAuliffe turned a $100K stock buy into $18M thanks to his relationship with the CEO of Internet firm Global Crossing. Shortly thereafter the company went bankrupt, the stock price collapsed and 10,000 employees lost their jobs. This was not the only questionable deal he was associated with. But it was part of a pattern in his business life of using insider connections that made him very wealthy.”
Liberal Radio Station Formerly Worth $22, Now 1 Penny
Funny how a formerly successful organization (trading at $22) became worth a penny after becoming managed by liberal managers take over company…Good thing that Board of Directors knows how to select great candidates!
Citadel’s original ownership and management team built a highly-successful firm around conservative talkers on the AM band and country music stations on FM, mostly in medium-sized Sunbelt markets. When subsequent owners acquired ABC Radio and saw their own liberal ideology clash with Citadel’s established internal structure, it began to unravel.
Many of these stations still turn in remarkably strong ratings and are lucky enough to feature successful (in both ratings and revenue) talk programs hosted by Rush Limbaugh, Sean Hannity, Mark Levin and others at a time when talk radio is dominating the national spotlight.
But recent meddling by Citadel’s incompetent managers have led to baffling moves, such as watering down WABC with incompatible, non-conservative programs such as Don Imus and “Joe and Mika”, as well as dumping nearly all local programming in the nation’s largest market.
See here as to how the company drove away its successful products:
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