[BC] While you are waiting for receivers

[Rich Wood]

------ At 10:42 PM 12/11/2005, Williams, Chris \(Albuquerque\) wrote: -------

>In my opinion the IBOC alliance is a good step towards serving the 
>consumer only problem I see is the big broadcasters will need to 
>make a profit to keep shareholders happy.

Why is collecting a group of "usual suspects" from all the Gargantua 
Internationals going to help the consumer? Where are the small and 
medium sized broadcasters in this wondrous collection? You know, the 
folks who might actually know a few of their listeners personally. 
You know, the people who are the most likely victims of this 
technology. You know, the people who aren't investors in the technlogy.

If this were the oil industry, it might be called a cartel. If this 
were GE and Westinghouse, like in the 60's it would be called price 
fixing or restraint of trade and forbidden under anti-trust. I think 
the street term might be "railroading."

Where's Elliott Spitzer when you need him?

Rich