The Radio Equalizer: Brian Maloney

15 September 2005

Air America: An Investigative Blog Series

DECEPTION

What Air America Still Hasn't Disclosed


Latest Malkin/Maloney Investigative Piece Now Available


The deeper we dig in the Air America Radio funding scandal, the more outrageous deception that's uncovered.

And the revelations have never been more stunning.

With the latest piece in our Air America Radio investigative series now posted at MichelleMalkin.com, we're examining many new details in the funding scandal that cost the Bronx-based Gloria Wise Boys & Girls Club $875,000 in taxpayer grants. It appears to have been diverted instead to the network's coffers.

Why does Air America continue to hide so many crucial details? Is it because the truth blows the lid off of everything they've maintained since July?

What's the real story behind the strange departure of the company's vice-president of finance?

Why has it taken days of prodding just to get them to confirm it? And why won't they talk about his continuing company role?

Why aren't they revealing the full details about his stunning professional background, which includes a long stint as finance director at, of all places, the Gloria Wise Boys & Girls Club?

So much for their adamant contentions Air America's current management has no connection to the past.

Why are they seeking loans from "investors" to place in their attorney's repayment escrow account? Has the full $875,000 been maintained in it at all times?

The story takes many amazing new twists and turns in our exclusive report. See it here.


Welcome Powerline readers!


Update: Entertainment industry coverage today from Perry Simon at All Access:


There's still more on the AIR AMERICA RADIO-GLORIA WISE BOYS AND GIRLS CLUB loan scandal, as conservative bloggers MICHELLE MALKIN and BRIAN MALONEY continue to report on the question of the improper loans of public funds by the club to the network.

The latest involves the pair's reporting that the network's current VP of Finance SINOHE TERRERO worked as finance director of the GLORIA WISE clun from 2000-2002 under AAR's original head EVAN MONTVEL COHEN. Reports that TERRERO has resigned from the network are as yet unconfirmed, and ALL ACCESS' request for a comment from the network and TERRERO have been unanswered.

The network has denied that its present ownership has any legal responsibility to pay back the loan despite its appearance on a list of liabilities in a "settlement agreement" signed by COHEN, former partner REX SORENSEN, the current owners, and host AL FRANKEN in late 2004, but says it has put the disputed amount in escrow held by its own attorney to be paid back at the conclusion of a city and state investigation.



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Scandal graphic by Darleen Click.


4 Comments:

  • Somehow, I rather hope that Air America doesn't collapse because of this scandal.

    I'd rather see it collapse from lack of ratings. That can't be too far off.

    Here in Dallas, it appears that their primary sponsor is "The Energy Hog"....and Air America is also very, very, very concerned that one of your loved ones drinks.

    By Blogger Lokki, at 15 September, 2005 08:47  

  • Have you heard anything about the Memphis station? I turned it on today and it was Spanish radio.

    Mick Wright
    fishkite.com

    By Blogger Mick Wright, at 16 September, 2005 01:04  

  • Air America has not paid back the "loan" from the poor children and disabled. Their lawyers still control the money. What they did is so much worse than anything Martha Stewart ever did.

    By Blogger al fin, at 16 September, 2005 17:22  

  • I thought the Energy Hog was Spencer Abraham.

    http://mobjectivist.blogspot.com/2005/01/abra-hog.html

    By Blogger @whut, at 18 September, 2005 21:48  

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