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The board of Sirius XM Radio (SIRI) forms a search committee to find a replacement for the...

The board of Sirius XM Radio (SIRI) forms a search committee to find a replacement for the outgoing Mel Karmazin. The quick readthrough by RBC Capital analyst David Bank of the retirement of Karmazin is that the Sirius could take on more debt and increase its leverage, the game plan Liberty Media's John Malone (LMCA) used with DirecTV.
Comments (6)
  • Jesse Nash is a great candidate.
    24 Oct 2012, 07:36 AM Reply Like
  • i vote for Dan Nolan. he's a user and a gem!
    24 Oct 2012, 07:39 AM Reply Like
  • I vote for Stephen Faulkner...
    24 Oct 2012, 09:36 AM Reply Like
  • "I vote for Stephen Faulkner..."

     

    Me too!
    24 Oct 2012, 01:55 PM Reply Like
  • Ditto!
    24 Oct 2012, 03:13 PM Reply Like
  • It appears that a new CEO will have to have the same outlook as Malone. Than why not just elect him? If it is so stated that more debt is to be taken on than I say it is not what is good for the company but what is good for Malone so they can get back their nut in the short term! Who will challenge this thinking? Nobody, of course. So a puppet board will be installed and the hell with the minority shareholders!! Is that about sum it up? I don't think anybody will really care as long as we have equity appreciation... That says it all!!! Let the stock rise???
    24 Oct 2012, 03:25 PM Reply Like
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