Cooper on KPFK

Doug Henwood dhenwood at panix.com
Sun Jan 27 10:28:56 PST 2002


Nathan Newman wrote:


>I heard from a friend that the outgoing board paid massive severance
>payments to outgoing top staff -- amounting to hundreds of thousands (by one
>count well over a million dollars). It seems like really sick
>self-dealing-- a scale of Enron-like corporate malfeasance that makes the
>outgoing board's previous actions look restrained.
>
>What's your information on the further bankruptcing of Pacifica by the old
>board in their final hours?

Don't know anything about it. If true, it sucks bigtime. They were a dreadful gang.

Doug



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