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Why Didn't Don Weeks....??

R

Reporter

Retire? I forgot who mentioned this or I would give credit, but Don is what 71. Assuming he's financially stable. Why doesn't he step aside when you have a person like Al Roney, family guy with a wife and 2 or 3 young kids..Doesn't Cheap Channel realize this or care?

I, like many, enjoyed Al Roney. I sure do hopes Mr. Vandenburgh looks at all of the posts and talks to Roney...
 
I believe Don's contract comes up around Dec. 1, 2010, just after his 72nd birthday. He was quoted in an article a few months ago that he may give retirement a thought at that time.
 
Why would Don give up a job he loves and a pay check he has worked decades to earn for no good reason? He did not work his entire life to just hand some stranger a free ride. Nor does the radio station broadcast for the purposes of feeding Al's (or anybody elses' kids). It broadcasts to generate as many times cash flow to outflow as is possible in order to goose the value of the entire portfolio so that the investors can survive long enough to salvage something from their ghastly mistake (buying CC).

Kinckman; Don spouts "retirement" talk the way people crab about the snow. If they really meant it they would leave - on both counts.

Reporter; Clear Channel does not care, why should they? Mitt Romney's Bain investor group is holding that $20 billion bag of debt that is right now worth pennies on the dollar. Don would be gone too if not for the fact it would cost them more out of pocket to release him than it does to keep him.

John Hogan's job is to sit in San Antonio and deliver results to Bain or his own head on a platter. Hogan, on a good day, would sell his mother just for kicks. On a bad day (which for him the past couple of years and foreseeable future are bad days) he will slaughter anything in sight.
 
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