Monday, August 01, 2005

The Air America scandal slowly emerges

Is there a loan scandal in the making at Air America?:
Several leading bloggers have been following the story of an apparent "loan" of substantial funds from a non-profit organization, a boys and girls club serving minority youth in NYC, to the former corporate parent of Air America, at the time it still owned AAR. The money was never repaid, and the nonprofit stopped functioning.

This apparent scandal has failed to get any attention from the New York Times, despite the Times' high level of interest in publishing favorable stories about the launch of Air America. So far the story has spread from a local Bronx newspaper to bloggers to the Washington Times, and today The New York Sun.
The American Thinker