Today's Wall Street Journal featured an in depth profile on XM Satellite Radio Chairman Gary Parsons. It's really a great read, especially for those who may not be familiar with Gary Parsons' background.
Favorite quote by Parsons:
"Satellite radio has been enormously successful for almost everybody involved -- consumers, the government got what they wanted out of it, programmers, car companies -- except for shareholders," he says. "I'm not going to rest until they're successful too."
It's a wonderfully transparent statement (and a necessary one).
[Wall Street Journal]
Thanks to everyone who sent this in!
Shareholders would be happy in the future without the merger. The company is still going to be profitable. People have been patient this long, can't they wait a little while longer? Why go through an elaborate year-long merger ordeal when next year the company will be on the fast track to shareholder value?
Oh, I wouldn't say shareholders aren't happy Gary. I only lost 110K and should have lost more on a scheme tantamount to Bush's made up war.
I'll be there at the chapter 11 sale and buy a desk or something to minimize my losses. You and your boy Hugh sure made out though didn't cha?
While running the company in the ground.
You've got ball man. What BS you have.