Adelstien Lied on Bloomberg Interview
Now we know we cannot trust this man. I guess he has a candor issue himself. Today on Bloomberg, commissioner Adelstein stated that he had not heard from Sirius / Xm regarding his proposals and hoped to meet with them next week. Yet what do we have here? A filing from today outlining a meeting that took place yesterday between Adelstein and Mel Karmazin in which Mel stuck to his guns !
On July 17, 2008, Mel Karmazin, Chief Executive Officer of Sirius Satellite Radio Inc. (“Sirius”), and Commissioner Jonathan Adelstein discussed conditions and objections to the merger, possible modifications to the voluntary commitment letter previously filed in the above referenced proceeding, and pending enforcement issues. Mr. Karmazin reiterated positions consistent with Sirius’ filings in this proceeding, and urged prompt approval of the pending merger.