That Cooper continues to defend them means that he has lost all credibility with me. There was a real choice in supporting the Cagan et al dissidents and Cooper made the wrong choice here. And mouthing this lne against them is jus further disgusting behavior.
The old board hired union-busters and PR agencies that bankrupted Pacifica-- and now they added the salaries of their chosen departing flunkies. About as digusting a crew as can be imagined.
Doug, how can you defend Cooper's judgement on this one? There are no doubt some folks with marginal judgement on the dissident side, but that Cooper continues to side with Pacifica management in this fight is bizarre.
Nathan Newman nathan at newman.org
----- Original Message ----- From: <rhisiart at earthlink.net> To: <lbo-talk at lists.panix.com> Sent: Sunday, January 27, 2002 10:04 PM Subject: Re: Cooper on KPFK
At 01:28 PM 1/27/2002 -0500, you wrote:
>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
it's true. i was at the recent KPFK LAB (local advisory board meeting) in los angeles, where the foundation's financial problems were discussed, among other issues. the main purpose of this meeting was to dispel any confusion listeners had about the lawsuits, the former board's actions, and the corruption at KPFK. then to get listener feedback about problems at KPFK.
station managers, et al, were given 100,000 dollar severance pay bonuses, which is apparently way out of line for similar jobs in the private sector. i suspect retiring board members got plenty of money too, at the cost of the listeners. the old board, and it's toadies, station managers, etc., have a lot to hide.
a listener in Berkeley has donated 20 thousand dollars to finance an audit of the books, to see what the old board did to squander a 10 million dollar reserve, turning it into a three million dollar deficit.
R