8/02/2005

AIR AMERICA NON SCANDAL, SO FAR


If you are wondering
why I haven't joined the feeding frenzy on the "blogosphere" regarding the so-called scandal at Air America it's because as of this writing there is no timeline on which to convict. MSM is silent because they don't want to be sued. Bloggers are libel proof because most have no money. Hannity and Limbaugh haven't touched this story because they DO have deep pockets and have to have actual facts before they shoot off their mouths.

FOX is only main stream irritant, (total audience for news is 2.5 million--MSM has 30 mil), the Washington Times, NY Sun and Post are strictly minor league.

A big reason for the non-coverage may be the obvious hole in the story which is (are) the dates of these transactions. You have to have a coherent time line and so far there is no indication that the performers knew anything or that the new owners are guilty of anything other than terrible due dilligence (or no due dilligence). If the money was stolen on the prior ownership's watch, then the current owners are liable in the legal sense and will have to pay it back AND sue Cohen to get their money back. Or it must be shown that the new owners knew that the books had been cooked to cover up the stolen money, and why the hell would smart guys do such a thing?. Somewhere somehow something has to be shown that the transaction took place under this management. So far there is bubkis, nada, and zilch. Don't get carried away on this, yet.

3 comments:

Anonymous said...

Evidence? We don't need no stinking evidence? We are bloggers. What you seem to ignore is the fact that the charities involved said nothing either. Now that is very strange.

Roux said...

"It's the seriousness of the charges"

That's what they said about the October Surprize and Clarence Thomas.

Anonymous said...

You're overlooking the fact that there really wasn't due dilligence needed. The new company that bought the assets was the exact same group of people sans Cohen.