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They might save some money by cutting "Chunga" loose. He's disloyal, arrogant and stupid. I stopped listening to him a couple years ago. My capacity for stupidity just overflowed.
Not even the PBS pledge week can drive me back to his show. I know. I tried. Listening to the pledge drive was less annoying.
Hey, good thinking! One guy is going to help solve over 2 billion dollars of debt, cause he probably makes, like half of that. Brilliant! Now maybe get rid of a few sales people over there, and you've got the other billion. Nice.
You're unfortunately, about 6-8 months late on the demise of Citadel. A stock at a nickel, should have been your first warning...but when it dropped to one cent, the red flags should have been noted! And, your local Bonneville group, must be circling the wagons and armoured trucks to cherry pick what is left, when the time comes...probably around January 16, 2010. This stock was $4.84 just a couple of years ago, and folks who worked as managers were told 'there's no reason why this can't go to $20'. What a shame, but Hannity and Paul Harvey didn't do this, it was the case of a Minnow swallowing a Whale, and the Minnow has had long-term indigestion.
Beware of Corporated owners, who have their office in Las Vegas, and no radio stations there to support their operation
Citadel insider, you nailed it. Not only did the minnow try to swallow the whale, it made the attempt with a bravado that suggested a total lack of comprehension of what it was doing. That appearance has proven itself to be true and the bravado has not changed, nor the CEO.
I guess when you are a billion dollars in debt already and the economy is down and sinking further it might be a good idea to think twice about adopting huge debts, not to mention swinging a deal with Disney. That company is cute on the outside but will always. ALWAYS. come out ahead in a business deal. ALWAYS.
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