Air America to change name to Fraud America!

[Wrath Child]

Uh oh!

Franken Unaware Of Ex-Colleague's Alleged Loans

BY DAVID LOMBINO - Special to the Sun
August 2, 2005


The comedian Al Franken, Air America Radio's most prominent host, said yesterday that he did not know whether the hundreds of thousands of dollars apparently lent to the radio network by a Bronx social-service organization had indeed been relayed to Air America by Evan Montvel Cohen. Mr. Cohen simultaneously served as director of the liberal network and development director of the nonprofit Gloria Wise Boys & Girls Club.

The Gloria Wise club, which serves 20,000 clients in Co-op City, has gotten millions of dollars a year in government funds. The city's Department of Investigation announced in June the suspension of Gloria Wise's city grants and contracts because of allegations of "inappropriate transactions."

Mr. Franken said he has learned details of the story only in the last week. He said Piquant LLC, current owner and operator of the radio network, found a record of the transfers while conducting a "forensic" investigation into the finances of the previous owner, Progress Media, which was run by Mr. Cohen. That internal probe was conducted before the city agency became involved, Mr. Franken said. Efforts by The New York Sun to reach Mr. Cohen for comment in recent days have been unsuccessful.

A Piquant spokesman said yesterday that Gloria Wise would be compensated regardless of the amount of money it transferred. Mr. Franken said he did not know if money from Gloria Wise had been absorbed by the network and used to finance its operations. He said Piquant's payments to Gloria Wise were scheduled to begin this month but were prevented from going through while the city investigation continued.

A spokesman for the Department of Investigation, Keith Schwam, said that if Air America discovered the transfers before the city probe began, "They neglected to tell anyone at DOI or in the city about it."

Mr. Franken said that around the time of Air America's launch in March 2004, Mr. Cohen said the radio network could survive for three years without making a profit." It turned out to be three weeks," Mr. Franken said. "We were all shocked." Mr. Franken said his most "charitable" interpretation of the Gloria Wise transfers to Air America was that Mr. Cohen had a "dream and tried to keep it going."

Members of the Gloria Wise executive committee described to the Sun transfers from the club to Mr. Cohen and to Air America that totaled $875,000. They said Sunday that one reason Mr. Cohen cited when asking for personal loans was that he needed money for chemotherapy because he suffered from brain cancer.

Mr. Franken said he did not know whether his former colleague had the disease, but he recalled that Mr. Cohen, a native of Guam who is 39, referred repeatedly to it. For example, Mr. Franken said, he'd complain to Mr. Cohen that studio equipment wasn't working, "and he'd say, 'You know, I have brain cancer.'"

"Brain cancer," Mr. Franken said, "seemed to be his answer to everything." Mr. Franken said he didn't know Mr. Cohen's current whereabouts.


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[Ganzo]

I get air america on sirius, but listening for more than 15 minutes makes me nauceous.

[Lyion]

http://www.oregonlive.com/news/oregonia ... xml&coll=7

Air America listeners to the rescue?
Sunday, August 07, 2005
DAVID REINHARD

There's, like, a major corporate financial scandal goin' down, dude. Some greed-head wheeler-dealer took almost a million in government funds intended for children and Alzheimer's patients and put the money into a private start-up company. The money was supposed to be a loan, but the loan was never repaid, Now, the nonprofit is broke and under investigation for "significant inappropriate transaction and falsified documents." And, you know, like, the mainstream corporate media? They're paying no attention to the story, man. Children and Alzheimer's patients get the short end of the stick while fat-cat private interests line their pockets -- only in George Bush's America, right?

Wrong. Only in the Air America scandal that's unfolding. The recipient of $875,000-plus from the Gloria Wise Boys & Girls Club in New York City is Air America, the left-wing radio network designed to take on the talk-radio right.

Air America says it has nothing to do with the "mismanagement and corruption at Gloria Wise Boys & Girls Club," and that the loan was made to the network's old owners. But Air America says it will repay the funds anyway. In fact, Air America's parent company said it had wanted to start repaying the loan immediately, but couldn't without the New York City Department of Investigation's go-ahead. Investigators, however, told the New York Post that there was nothing stopping Air America from paying up. "DOI has done nothing and given no instruction preventing payment of money owed to Gloria Wise," DOI's Keith Schwam said. "Any statements to the contrary are inaccurate."

This was not the only troubling element in a scandal that so far has been confined to the blogosphere -- Hugh Hewitt, Michelle Malkin, Free Republic, Captain's Quarters and other haunts. Air America's Al Franken recently told the New York Sun's David Lombino he only recently learned the details of the story, but that Air America's new owner, Piquant LLC, discovered the fund transfer in a forensic investigation of the previous owner. But if the company knew about the problem before the city started its probe, why didn't it notify the city?

In other words, what did Al Franken know, and when did he know it?

At least, that's how the question's phrased when the alleged culprit is Karl Rove or George W. Bush.

Surely, Air America's listeners must be scandalized by these Enronesque corporate shenanigans. Victimizing the children -- isn't that what Republicans do? Air America says it's ready to repay the principal to the Gloria Wise Boys & Girls Club.

I think the network's listeners should do more.

Liberals are always letting the rest of us know just how much sharper and more compassionate they are than the rest of us. Now it's time to prove it: Air America Needs You.

First, its listeners should unleash their "we know better" candlepower and their you-can't-fool-us cynicism to get to the bottom of the Air America's kids-for-kilowatts scandal. And, clearly, a scheme that hurts children and Alzheimer's patients to fund left-wing outreach should appeal to progressives' dark sense of irony.

Second, Air America's listeners should go beyond the network owners on the financial front. Simply repaying funds to club isn't enough. Really, how cover-your-assets corporatist is that? Leftist listeners need to really showcase that storied compassion of theirs. Yes, how about a radio-thon to raise funds for kids and Alzheimer's patients across this broad land? Lefty listeners could, well, "Give piece of change."

Better yet, progressive forces should do what they do best -- hold a rock concert. Franken probably could put the finger on some major talent. It's hard to imagine that the Dixie Chicks, Madonna, Sheryl Crow, Bruce Springsteen and Barbra Streisand wouldn't want to participate in a Live Air America-Aid concert. The guess here is that even stars who said they would leave the United States if Bush were elected or re-elected would return home to help the victims of this hideous corporate scandal.

Granted, Air America's overall rating have fallen in major markets. But here, the left-wing network is still going strong, particularly in the crucial male-ponytail demographic. A little advice for the network's Portland affiliate:

Think globally and act locally.

[Martrae]

Aren't radio stations supposed to make their money from advertisers? How bad do you have to be before you can't attract enough to pay the bills?

[10sun]

My step sister works for Al Franken. That is all that was triggered in my mind when reading that article.