Who Is Telling The Truth?
Karmazin wants to see SIRI XM become a media giant. He wants it to be competitive with all of AM/FM radio and blow their doors off. Cramer and GS, NAB execs and sundry media rivals that Karmazin has known (and stepped on) throughout his career are laughing at Mel Karmazin's current predicament. Karmazin seeks the last laugh. He hungers for the success of SIRI as much as he does the money. The money is the measuring stick.
Now Harteib said that Mel F'ed the shareholders with his in-and-out public/private/public deals with his former company. Homer said that this did not happen - that shareholders made money in these transactions.
I have not verified how those old deals transpired. Who is telling the truth?
This is our new concern, that Mel will sell us out before we can make a profit. We are gun shy b/c we got screwed in the merger. Those of us XMSR holders got doubly screwed. Mel said that if anybody bets against him and gets screwed in the process - so be it.
Cramer and GS and all those old rivals really got a belly-laugh out of that remark. They pretend to think that Mel has lost the killer instinct, as they laugh. They must remember that he who laughs last, laughs loudest.