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now THIS is the language Republicans understand!

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No2W2004 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 04:42 PM
Original message
now THIS is the language Republicans understand!
Edited on Tue Oct-19-04 04:44 PM by No2W2004
BALTIMORE - Shareholders Tuesday challenged a plan by Sinclair Broadcast to air a documentary critical of John Kerry's anti-Vietnam War activities, saying the controversial broadcast may hurt their investment.

Attorney William S. Lerach said he planned to sue on behalf of shareholders, alleging insider trading by top executives as well as damage from the decision to air the film. Media Matters, a media advocacy group, announced it was underwriting the costs of a shareholder action demanding equal time for opposing views.

In late trading, Sinclair shares were off another 5 percent Tuesday, dropping 34 cents to $6.15 a share on the NASDAQ market. Sinclair stock dropped about 8 percent on Monday, and is down from a high of more than $15 a share in January.



http://story.news.yahoo.com/news?tmpl=story2&u=/ap/20041019/ap_on_el_pr/kerry_film_shareholders

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Anakin Skywalker Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 04:45 PM
Response to Original message
1. Da Benjamins
Too bad it has to be about money (the bottom-line for most ReThugs). :( Conscience alone means nothing nowadays.
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No2W2004 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 04:47 PM
Response to Reply #1
2. Yep, it is too bad,
but if appealing to their conscience doesn't work, hitting them in the wallet will!
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newyawker99 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 06:18 PM
Response to Reply #1
4. Hi Anakin Skywalker!!
Welcome to DU!! :toast:
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Gold Metal Flake Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 07:19 PM
Response to Reply #1
5. It may have been about money from the start.
Sell at the high, make a big public mess to supress the stock price, and buy back in at the low. The trading activities opf the owners, board and their friends should be investigated.
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Bake Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-19-04 04:52 PM
Response to Original message
3. Hmmm ... I seem to recall someone predicting Lerach's action
Oh yeah ... it was ME!!

HAHAHAHAHAHAHAHA!

Bake
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