I better be Anonymous Coward for this one.

E-Lo needs to see Nate Davis's barber.

what? I thought we needed Georgetown Partners to get a free load for blacks to be represented in XM/SIRI. Next you will tell me that blacks own xm/siri stock!

Can you imagine the money these guys would receive if they were making a profit?

I want to know what Kevin Martin and his whole FCC gang makes TO DO NOTHING !!! It should be ZERO. It should be NEGATIVE !! The FCC is ripping off SIRI and XM stockholders as well as every U.S. taxpayer.

They are like these people that you run into at work ... lazy, obnoxious AND stupid. You can't figure out HOW they get away with DOING NOTHING ALL DAY LONG ... AND NOBODY CARES ...

There are two sets of rules. Those that apply to them and those that apply to everyone else.

BREAKING NEWS!!!!!! THE MERGER HAS BEEN DENIED BY THE FCC!!!!!

SORRY !!!!

Come on fellows - XM is a spectacularly run company. They have not been at 50% market share at retail in over 2+ years. Congratulations Nate on not even being able to keep an endcap display at Best Buy (losing that by July). Nate is making a killing. Let's face it, he showed us what he could do with XO Communications and MCI. We all know what spectacular successes those were.

I wonder what his nephew Vernon Irvin made in 2007, all in. It had to be a bunch since the first thing he did was to buy a new BMW 6 series (wait, doesn't that have Sirius?) when he arrived. Never shows up for meetings and has everyone at the office cover for him. Wait a second, he can't be in the meetings when he's off partying at the Grammy's or in Key West having a mutual circle jerk with other XMers who've made their numbers by constantly having lower year over year results. I mean, after all he is the king of ringtones. How that translates into ability at satrad, I'll never know. Then there's Steve Cook. Let's make sure we don't forget him - I mean, look at the great job he did. He got radios into cars. BFD - only 50% stay lit after the free trial. No worries, there, he's got his buddy Joe Verbrugge to help him on that front - a Hugh Panero carryover (Not really, he was hired to babysit Hugh and tell people where to sit (yep- he did the space planning for the cubicles at XM). OK, who else - well, we all know Abrams left. He probably was shown the door because he wasn't "Hip" enough to hang with the thieves at XM's HQ.

Now they cancel a shareholder meeting where they'd have to account for their actions. No release of the Conference Call date. Hmmmmm, it they start telling the employees to hold onto their stock, well run for the doors. Damn, I forgot, I can't leave - they subsidize lunch at the "XM Cafe" which used to mean something until they paid Starbucks $20M+ to go away. Yep, we sure got those Stabucks people good, din't we, we get to use their name on a station. Hell, for that kind of money we could get naming rights on a ballpark somewhere. Great job Nate and Vernon.

But congrats, Nate!!!!!!!!!! I'll have a new found respect for your crafty abilities to get paid big bucks whenever I pass you in the hall on my way to the bathroom to "Take a Nate."

paul: can you imagine how much Nate and Co. would have made if his options were in the money?

breaking news: none of the options that nate has received...ever...are above water...which means that none of that $3.54 million he "received" have actually been "received".

SEC mandates that for such purposes as reported here, option grants are to be valued using Black Scholes...which takes into account stock volatility (high) and time (not soon) to compute a hypothetical number that has pretty much nothing to do with reality.

lets not all get into a hissy fit here...he only really made last year 1/4 of what is reported. i hope he does, however, get the opportunity to cash in the millions and millions of potential dollars in drowning stock options that he's been granted over the years, cause that means that he's doing exactly what we as XM shareholders hired him to do:

make us money.

lol @ coward above not being able to leave XM cause no one else will hire him.

hahahahaha

yeah! and how 'bout chillin' out on the racial slurs, you caucasian heathen!

Lets all calm down. Nate has been CEO for less than a year, and Q4 earnings report shows that he did in fact do some good. A new CEO cannot come into a company and flip it on its ass. It takes time.

Does this mean that I have reconsidered the fact that the only reason that I think Nate is there is so that there is a black man as CEO to appease the minority ownership people?

Not really.

I don't care what XMSR and SIRI do or who gets paid what.

The merger plans makes prefect business sense.

Its the FCC that''s screwing us.

Nice, XM coward. I didn't know the Mexican dude could write such good english

good for the brown fellah

Let's see any of you bashers going in as CEO to a company like XM and getting that mess straightened out in less than a year. It's easy for you to sit in your comfy office chairs lobbing hate bombs at Nate Davis. What your REALLY pissed about (and rightfully so) is that the merger is taking so long and that the Sat companies and investors are suffering for it. Lob hate bombs at the FCC, not Nate Davis. Hell, he probably feels the same way we do - FRUSTRATED!

So, Mel earned $31 million in 2007, Frear earned $3.7M, and Greensteen earned $5M. Okay, Mel fanboys, time to blame these figures on the NAB or the FCC. We're waiting.

Karmazin got a million dollar raise in 2007... his total compensation was over $32 million. But none of the media has picked up on it yeit.

In fact, Karmazin made $2 million more than the entire XM senior management team combined. Then when you take out the $12 million spent on Panero's buyout -- n Karmazin made actually made $14 million more than XM's senior management combined.

Just to put this thread into perspective...

I agree that all of these guys (including Davis) are overpaid -- Karmazin? That's a disgrace to their shareholders. CEO's of non-profitable companies should not be compensated like that.

Your honor, I'd like to enter this evidence as "Exhibit A" in the case of why Sirius beats XM's ass in growth, margins and expense reduction.

A poster child for paying lackluster performance..... That's XM Radio!

This is why Sirius is the buyer and XM is the one being bought!

>>>This is why Sirius is the buyer and XM is the one being bought!

Meanwhile XM shareholders end up with 50.3% of the new company -- and the majority of the seats on the new Board.

You should ask yourself a question... would you give up 50% of the equity in your company to your competition (plus control of your Board of Directors to your competition), just in order to "buy" them? You need to be pretty desperate to do that.

AAhhh Plowboy, aka slowboy. Still at it eh?

Is that you the "anonyous coward" with the nice long post above complaining about XM and the market share of retail (which has been DEAD for 2 years)? ROFL, you are as clueless as always.

Yep, Sirius is buying XM, yet Sirius gives up more. What are you smoking again? I'd like some of that.

Good 'ol Mel made over 30 million. But hey, that's Mel, it's a-ok for his failing company to be making that kind of money as well. XM is crap, but Sirius rules right?

CLUELESS!