> So, it has been in trust...meaning he is not making any decisions there. How can that make him "Greedy"?
I think the purpose of running a Private Equity Firm is to generate wealth. I think that qualifies as greed. Not saying greed is bad, it's natural to want to enrich yourself.
it's a shame the radio industry is imploding because it's not generating large enough returns for its corporate owners. The fat corporate payback is more important than the station's health. I remember a certain Boston station whose roster of employees - before consolidation - was double its current level - while grossing half of what it does today, and at the time seemed to be doing just fine. Now, all the money that station generates goes to corporate, while cutbacks cripple the station's potential.