The NY Times story seems to have broken the silence of the MSM on the AAR Scandal.
Note that the AP story has a correct quotation of Al Franken's remarks, unlike the New York Times story (excerpt):
Investigators probe New York community center loan to Air America Radio
NEW YORK (AP) - State and city officials are investigating how $875,000 from a community center funded largely by government grants and contracts wound up in the coffers of Air America, the liberal radio network.
A spokesman for Attorney General Eliot Spitzer said his office has opened a probe into the financial dealings of the Gloria Wise Boys & Girls Club, which runs programs for poor children and senior citizens.
The center and officials at Air America Radio have acknowledged that at about the time of the network's founding in early 2004, the club made a series of loans to a company called Progress Media, which was then Air America's parent company.
Both entities have said the payments were arranged by Air America co-founder Evan Cohen, who, at the time, also was a development director at Gloria Wise.
Cohen's involvement with Air America was severed in May 2004 amid confusion surrounding the network's finances just a month after it went on the air. A new corporation, Piquant LLC, purchased the assets of Progress Media later that spring.
Link: http://www.woai.com/news/national/story.aspx?content_id=78A8F5EA-6DA8-404D-84FE-C6AFFFE37771
The audio (mp3) of the August 8 Franken show can be found here:
http://www.airamericaplace.com/archive.php?mode=show&id=5
The download is 25.9 Mb and is 1:53:33 in length. The discussion of the "loans"
begins at about 1:18:20 and runs less than 5 minutes.
Listen for the "...which I imagine it was..." (omitted from the NYT story) right after Franken said "I don't know if it was used for operations" and the actual word "robbing" instead of the word "borowing" used in the NYT story.
Note that the AP story has a correct quotation of Al Franken's remarks, unlike the New York Times story (excerpt):
Investigators probe New York community center loan to Air America Radio
NEW YORK (AP) - State and city officials are investigating how $875,000 from a community center funded largely by government grants and contracts wound up in the coffers of Air America, the liberal radio network.
A spokesman for Attorney General Eliot Spitzer said his office has opened a probe into the financial dealings of the Gloria Wise Boys & Girls Club, which runs programs for poor children and senior citizens.
The center and officials at Air America Radio have acknowledged that at about the time of the network's founding in early 2004, the club made a series of loans to a company called Progress Media, which was then Air America's parent company.
Both entities have said the payments were arranged by Air America co-founder Evan Cohen, who, at the time, also was a development director at Gloria Wise.
Cohen's involvement with Air America was severed in May 2004 amid confusion surrounding the network's finances just a month after it went on the air. A new corporation, Piquant LLC, purchased the assets of Progress Media later that spring.
Link: http://www.woai.com/news/national/story.aspx?content_id=78A8F5EA-6DA8-404D-84FE-C6AFFFE37771
The audio (mp3) of the August 8 Franken show can be found here:
http://www.airamericaplace.com/archive.php?mode=show&id=5
The download is 25.9 Mb and is 1:53:33 in length. The discussion of the "loans"
begins at about 1:18:20 and runs less than 5 minutes.
Listen for the "...which I imagine it was..." (omitted from the NYT story) right after Franken said "I don't know if it was used for operations" and the actual word "robbing" instead of the word "borowing" used in the NYT story.