Air America Radio, a liberal talk and news radio network, has filed for Chapter 11 bankruptcy protection, a network official told the AP.
The network had denied rumors just a month ago that it would file for bankruptcy, but on Friday Air America said negotiations with a creditor from the company’s early days had broken down.
The network will stay on the air while it resolves issues with its creditors, spokeswoman Jaime Horn told the Associated Press.
A formal announcement was expected to be made later Friday.
No announcement on Air America’s web site. Nothing. Recall that Air America was suppose to announce 2 weeks ago that they were filing for bankruptcy. So, we’ll see.
Friday is the last day to register to vote, change your address, or party affiliation. Hopefully you have taken care of that! If you know of any good Democrats who have waited until the last minute, that minute has arrived!
You can click here to find your voter registration status.
You can pick up registration forms at area libraries, the Board of Elections, or Democratic HQ but you must hand deliver them to the Board of Elections by 5 PM.
I seriously thought that he would make a great candidate. Oh, bother. From National Journal:
Former Virginia Gov. Mark Warner dropped the first bombshell of the ’08 race with his Oct. 12 announcement to forego a White House bid. “…[W]hile politically this appears to be the right time for me to take the plunge—at this point, I want to have a real life,” he said in a statement announcing his decision.
What does Warner’s exit from the Dem stage mean for the other non-Hillary Clinton hopefuls? Look for one of the biggest immediate beneficiaries to be Illinois Sen. Barack Obama, who folks may start to take much more seriously. What’s not clear is when John McCain, John Edwards and Clinton officially declare their intentions. They all have the standing to wait a bit longer than others, but at the same time, they’d like to make sure their challengers don’t get too much oxygen. This should be fascinating to watch.