At left-wing radio network Air America, the soap opera continues, as CEO Danny Goldberg is out after just a year. Readers of the Associated Press story won’t learn much about Goldberg’s sudden departure. For the inside story, go to The Radio Equalizer.
The fine points are interesting, but the basic fact is that at successful companies, the CEO position is not a revolving door, bills get paid, and sham corporate transactions are unnecessary. The enabling media can continue to prop up Air America’s image, but as long as hardly anyone wants to listen, the company will remain a disaster.