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Liberty Media (LMCA +1.9%) trades higher as it plays a waiting game with the FCC to see if can...

  • Monday, August 20, 2012, 3:16 PM ET
    Liberty Media (LMCA +1.9%) trades higher as it plays a waiting game with the FCC to see if can land "de facto" control of Sirius XM Radio (SIRI +0.6%). Despite all the hyperbole from Mel Karmazin about working for a boss again, Wunderlich Securities bets he stays on board if Liberty gets the green light.
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This news story has 3 comments:

  •  
    If I were a betting man -and I am because I live in America's gambling mecca- I would lay odds that Mel stays with the company and is made happy by being given the day-to-day management autonomy he needs while Malone, Maffei et al. make the financial decisions.

    I'm not aware that Malone has been involved in the drama-queen theatrics of the type that Mel had to cope with while working for Sumner Redstone.
    20 Aug 2012, 03:26 PM Reply Like
  •  
    Friday you report DeJure and today you are reporting DeFacto again... Which is it?
    20 Aug 2012, 04:32 PM Reply Like
  •  
    Thank you John, we have another winner..
    20 Aug 2012, 06:50 PM Reply Like
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