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Wednesday, February 3, 2010

Air America's Chapter 7 liquidation filing lists its creditors

Among them – Arbitron, owed nearly $48,000, and Clear Channel’s KTLK, Los Angeles, owed $66,666.66. But the largest creditor by far is Pendulum Media, the company owned by its Chairman Charlie Kireker – it’s owed $15,819,991. Several Air America talents are due money, since last week’s shutdown. Rachel Maddow is owed $3,952. Ron Reagan’s company is owed $6,351. Ellis Henican is owed $1,500. Weekender Ana Marie Cox is owed $1,169 in unreimbursed expenses, and Kirerker individually is still owed $2,317 – a very small amount compared to the apparent loss on his investment in Air America.

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