Sam:

[xfer]

i don't think so--she's on pretty shaky legal ground. even though O'Reilly did indeed talk about falafels and whatnot, i'm not convinced she pursued her settlement in a legal fashion and maybe did indeed commit extortion, in which case she probably SHOULD be fired.

the lawyers are going to have to lay out exactly what the reasonable route is for demanding a pre-filing settlement and determine if she followed it.

 

[mindspell]

On another note, anybody watched the Frontline dual-biography on PBS this week?

I thought it was pretty interesting if very careful as to not take any side. Helped a lot knowing Kerry a little better than I did.

 

[lizard]

sooooooo awesome...the boycott of Sinclair has caused almost 80 advertisers to back away!!

 

[lizard]

ohhhhhhhhhh I'm getting lightheaded with joy at the righteous smiting, both hip and thigh, hee hee

......................

Telephone News Conference at 1 p.m. EDT Today

SINCLAIR BROADCASTING SHAREHOLDERS DEMAND OFFICERS RETURN PROFITS FROM INSIDER TRADING

Officers Who Ordered Stations to Show Anti-Kerry Film Also Sold Stocks at High Mark, then Drove Values Down

DETAILS:

Famed shareholder attorney William S. Lerach will hold a news conference at 1 p.m. today to discuss insider self-dealing by officers of Sinclair Broadcasting, the Baltimore-based television chain that is forcing its affiliates to show a propaganda film that attacks presidential candidate John Kerry. He will release a set of demands aimed at making Sinclair executives disgorge millions of dollars in unjustified profits taken out of the firm when stock prices were high during the past 12 months. Yesterday the company's stock fell a further 8 percent after being down more than 50 percent from the year's beginning, as advertisers pulled back to avoid the station's self-generated political controversy. Lerach and Patrick Daniels, San Diego-based partners in Lerach Coughlin Stoia Geller Rudman Robbins, the nation's most successful securities litigation firm, will discuss actions it will take against Sinclair. Lerach Coughlin is a 140-member firm with offices in nine cities that has prosecuted hundreds of shareholder class action and derivative lawsuits, recovering more than $25 billion for clients. (For more on the firm go to: http://www.lerachlaw.com)

 

[lizard]

Sinclair: the free-fall continues
by kos
Tue Oct 19th, 2004 at 18:10:38 GMT

The wingers were all proud of themselves for getting Dan Rather to apologize over some memos that didn't detract from the 60 Minutes story in any way. The self-important fools refer to the event as "memo-gate". But they can have their little victory.
I'd rather help take down an entire media empire.

Wall Street is fretting.

The shares dropped amid fresh concerns on Wall Street, with analysts fretting over what looms as a loss of advertising revenue for Sinclair. Some securities analysts, who demanded not to be quoted on record, said that they're concerned about the potential development.
Boycottsbg.com notes we are approaching 80 advertisers pulled out. Shareholders are starting to initiate lawsuits. In fact, Sinclair has lost about $100 million in market value since the boycott began. More information over at the dKosopedia.
The film is likely to air, though the impact should be minimal on the public (those that stick around to watch once they realize the show they tuned in to watch has been pre-empted). As for Sinclair, they're going to suffer one massive hangover from their ill-advised foray into partisan hackery.

 

[xfer]

so awesome.

 

[lizard]

I've read Sinclair was shakey anyway but this is funny, and now the shareholders are starting to fight amongst themselves like rabid, mangy wolves.

 

[FalseTodd]

its good to know that the left can have a financial impact on something when it needs to

 

[lizard]

I know Pat Robertson is a whack job, but what is he trying to do with this:

"We're Not Going to Have Any Casualties"

Pat Robertson claims that's what Bush said to him:

"And I warned him about this war. I had deep misgivings about this war, deep misgivings. And I was trying to say, 'Mr. President, you had better prepare the American people for casualties.' "

Robertson said the president then told him, "Oh, no, we're not going to have any casualties."

 

[FalseTodd]

yeah i thought that was a bit puzzling, or perhaps just careless?

 

[avi]

I don't know what to believe anymore