Rats fleeing a sinking ship

Discussion in 'Politics & Religion' started by TGregg, Apr 5, 2006.

  1. TGregg

    TGregg

    "After just over a year at the helm of financially troubled liberal radio network Air America, CEO Danny Goldberg is on his way out. Still unclear is who, if anyone, will replace him as top dog."

    http://radioequalizer.blogspot.com/2006/04/air-america-ceo-danny-goldberg-party.html

    "While exiting day-to-day operations at Air America, Goldberg will continue in a minor, contractually-based role, working one day a week from home. Through the end of 2006, he'll be paid $400,000 on an annualized basis for his temporary role as "Vice-Chair".

    In addition, he'll receive $400,000 in deferred compensation covering 2005, $100,000 to cover 2006 travel and entertainment, plus ongoing clerical support. An initial share award representing 2% of the company will now become fully vested."
     
  2. That was a really original idea though. I liked it. You take an idea that has worked marginally on a microscopic level for years and pump it up with scads of celebrity investment dollars and see how it flies on primetime.