> > First of all the excerpt was from a news story, not an
> op-ed
> > piece. I excerpted the portion that had new information
> and
> > provided a link to the full story.
>
> PW, did you even realize what you posted...look at the link
> again and look at the page on the AZ republic paper...it
> says OPINIONS....this guy Doug MacEachen is a WELL known
> conservative columnist....except for you obviously....
>
> PW, I hope people read this op-ed rather than just comment
> without readin...I noticed after reading it that you failed
> to excerpt the most important parts. Normally, I would think
> that the right wing would distort but it seems that he
> shared the facts THEN tried to stretch it to a AAR
> scandal....lets do just that
>
>
> This excerpt shows that it was Evan Cohen over and over who
> is the catalyst for this questionable business.....why is it
> PW that you didn't show that even this right wing columnist
> even states that Evan Cohen was the source of this. Again,
> this answers a question I challenged you on earlier....who
> on the Gloria Wise side would arrange "an investment"...well
> based on this information it was EVAN COHEN using his spot
> on the executive committee....so its EVAN on both sides.
>
> Here's a bigger question that you won't deal with PW, there
> was more than one person on the Gloria Wise executive
> committee... don't you think that one of them, just one of
> them would think that a Boys and Girls club organization
> would not be in the business of providing venture capital
> for a fledgling Radio Network...shouldn't those people have
> resisted Cohen's requests for money and put their capital
> into safer investments like oh say blue chip stocks or bonds
> or mutual funds.....but you don't address that do you PW?
>
> If the city stopped grants to the organization, there seems
> to be problems within Gloria Wise if this and other issues
> may have happened to see money shifted around.
>
> PW, your duplicity is so obvious just on your quoting only
> the parts to attempt to make your argument...you fail to
> show what Dampier (who has been the best responder) has been
> trying to get through your hard head.. there can't be a
> scandal at AAR if they aren't the source of the problem. You
> and others on the right try to make it sound that Al Franken
> and the host themselves took $$$ direct from Gloria Wise
> ....it didnt happen that way and lets hope people will
> believe the facts....and ignore the effort to conflate the
> scandal with AAR's current management. Personally, If it
> wasn't me that caused the problem, I wouldn't paid a
> cent...but thats why im not a CEO probably...LOL>.. I do
> realize that its a good public relations thing...so i accept
> it....
>
> There is a scandal but its not Piquant (the current owner of
> AAR) may not (using the author's words) have KNOWN that
> these loans were outstanding.
>
> give it up, PW, people with common sense will get
> this....those of you sheeple on the right will continue to
> bleat distortion....
>
> Excerpt follows:
>
> The nugget of this story is just astonishing:
>
> In early 2004, the directors of the nascent Air America
> network were scouring the nation for potential contributors
> to its start-up. One of the network's directors, Evan
> Montvel Cohen, appears to have partially solved the problem
> by arranging loans from the Gloria Wise Boys & Girls Club
> that eventually totaled at least $480,000, and possibly
> more.
>
> According to reports, Cohen was in an advantageous position
> to secure the loans: In addition to directing Air America,
> Cohen also served as development director of the Gloria Wise
> club.
>
> At the same time, it is worth noting, Cohen also secured
> loans to himself. All told, he borrowed more than $800,000,
> according to club officials.
>
> In this case, "borrow" seems to be a loose term. The club's
> president says Cohen made at least one of the Air America
> loans - $213,000 - without her approval. Cohen no longer
> works for either the club or the network, and there is some
> indication that the current owner of Air America, Piquant
> LLC, may not have been aware of the loans at the time it
> purchased the network on May 24, 2004.
>
> For the Boys & Girls Club, meanwhile, the results have been
> disastrous. The New York Department of Investigation
> announced in June that city grants and contracts to Gloria
> Wise - about $10 million worth - were to be suspended
> because its officials had approved "significant
> inappropriate transactions and falsified documents that were
> submitted to various city agencies."
>
>
> Exceprt ends here....
>
>
> Now the distortion.....excerpt follows:
>
> You don't have to be a Columbia School of Journalism grad to
> sense that this developing story might have legs.
>
> A private media start-up with huge political pretensions and
> meager financial underpinnings uses taxpayer dollars from a
> Boys & Girls Club to help pay the salaries of high-profile
> hosts like comedian Al Franken. As a result of these dubious
> loans and other self-dealing, the Gloria Wise club will be
> sending no more poor kids from the Bronx to summer camp. It
> will be providing a lot fewer services, if any, to the
> Alzheimer's patients it helped.
>
> "I'm still rocking from the experience," said Anna Capell,
> 80, a member of the club's executive committee.
>
> Exerpt ends here:
>
> Ms Capell should be rocking if she was one of the people who
> let this happened....it appears that this organization like
> Enron, and other companies have management issues...... one
> cannot blame AAR's current management for these lapses of
> judgement......or maybe PW likes CEO/managers like Kenny Boy
> Lay...
>
>
>
>
>
> > Investors Business Daily had an editorial yesterday (the
> > link no longer works) and The Arizona Republic has an
> op-ed
> > piece today:
> >
> http://www.azcentral>
> .com/arizonarepublic/opinions/articles/0805maceachern05.html
>
> >
> >
> > The New York Sun has another news story today (excerpt):
> >
> > Piquant LLC, which acquired Air America from Mr. Cohen's
> > Progress Media in May 2004, has agreed to pay $875,000 to
> > Gloria Wise, without interest, in installments over the
> next
> > two years.
> >
> > An employee of Air America, who requested anonymity, said
> > yesterday that it received a letter from the city
> Department
> > of Investigation recommending that the network set up an
> > attorney-managed escrow account for the payments, rather
> > than pay Gloria Wise directly or wait until the
> department's
> > investigation concludes. The employee said the network
> made
> > its first payment, of an unknown amount, yesterday.
> >
> > An official of the city agency, who asked not to be named,
>
> > said later that the letter asked that the radio network
> put
> > the entire $875,000 in an escrow account.
> >
> > Full Story:
http://www.nysun.com/article/18148
> >
> > Nothing yet from The New York Times, which has had 59 news
>
> > stories on AAR prior to now.
> >
>
Excerpt. Excerpt. EXCERPT. Learn the difference between an excerpt and a link and then get back to me. Actually, don't bother. I am a bit curious as to what you think the op in op/ed stands for. Never mind.
When you get to high school, I suggest that you choose something other than the debate team.