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President's Day Open

912
lifeofthemind2/16/2009 2:41:10 pm PST

re: #908 Killgore Trout

Nah, the XM/Sirius bankruptcy thing has something to do with a buyout offer from another media company. It’s part of some positioning strategy that I don’t quite understand but they will continue broadcasting but the restructing allows them to ditch their debtors and stay in business. The listeners will be fine but the stockholders are getting screwed.

Are they still locked into the contract that gives all their income to Howard Stern?