Sirius considers bankruptcy filing
 

Sirius XM shares drop on reports of possible bankruptcy
By David B. Wilkerson, MarketWatch

http://www.marketwatch.com/news/stor...CFBD6D46D78%7D

CHICAGO (MarketWatch) -- Shares of Sirius XM Satellite Radio Inc. dropped 31% in morning trading Wednesday on reports that the company could be close to filing for bankruptcy protection. The shares were down 3 cents at 8 cents. The stock traded in the $4 range two years ago. Sirius XM is working with bankruptcy lawyer Mark Thompson of Simpson, Thatcher & Bartlett, and Joseph Bondi, a restructuring expert, to set up a Chapter 11 filing that could come in the next few days, the New York Times reported on its Web site Tuesday evening, citing an unnamed person it described as familiar with the situation.

I was just going to inquire about this. What happens to the show if Sirius goes under? :(

Nothing should happen to SiriusXM immediately with a Chapter 11 reorganization filing or not.

An Echostar/Sirius deal could turn out to be very good for ATR...

Things are looking good.

http://news.yahoo.com/s/ap/20090217/...sirius_liberty

Looks like things will be good... Thanks for posting the link !

Some welcome good news for a change...whew!!

Looks like I will get to listen to Steve when im at work for a bit longer. What a relief. Hey Steve do you want me to an on scene reporter next Tuesday from Bourbon Street for fat Tuesday? Im sure all your listening fans and fellow would get a good laugh.

20 cent shares?

magna of radio...

boy if siriusxm goes under i"ll go crazy, cause working on the road for a living thats all i listen to..:zz:

All stabilized with a large influx of cash at the time of the deadline. Everything jake for considerable future.