AIR AMERICA: TOP EXEC BAILS
Brian Maloney scoops the rest of the MSM again with an exclusive scoop on the departure of Air America CEO Danny Goldberg. Excerpt:
The changes take effect Friday, April 7, according to an internal source. Goldberg, a former record label executive overseeing rap, hip hop and pop acts, joined the ailing network in early 2005. He’s also a partisan activist and lefty book author, contributing to many ultra-liberal politicians, including embattled Congresswoman Cynthia McKinney (D-GA).
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.
On a light note, if the company makes a profit in 2006 or 2007, Goldberg will be entitled to a share. And if the Radio Equalizer buys a lottery ticket with the winning numbers, we’ll be entitled to a cash jackpot!
Until now, Goldberg was working under a contract with a 2010 expiry date, while its replacement runs out December 31. In his new, hazily defined role as “progressive liason”, he’ll work out of Los Angeles during the summer. Air America is also expected to cover his costs for this “project”. Given the emerging details of Goldberg’s new agreement with Air America, the Radio Equalizer wonders: will Danny merely serve as a paid partisan activist during an election year?
You must be logged in to post a comment.
Categories: Air America, Cynthia McKinney
Babalu Blog
» That's not the ACORN I knew...
NewsBusters.org
» Howard Stern Exposes Why So Many People Support Obama
Stop The ACLU
» Proof Positive: Obama was a Member of Socialist “New Party”
Power Line
» Obama's audacity
Gateway Pundit
» The Complete Guide to ACORN Voter Fraud-- 14 States Investigate Obama's Community Organization
Power Line
» Spreading the Wealth Around
Pajamas Media
» The Complete Guide to ACORN Voter Fraud
Patterico
» More Voter Fraud from …
JustOneMinute
» The Bank Capital Plan
Gateway Pundit
» Obama Tells Ohio Supporter He Aims to "Spread the Wealth"

Riehl World View
» Define "Lasting"







Add your opinion
Note from Michelle: This section is for comments from michellemalkin.com's community of registered readers. Please don't assume that I agree with or endorse any particular comment just because I let it stand. A reminder: Anyone who fails to comply with my terms of use may lose his or her posting privilege.
Trackbacks
Trackback URL