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Sirius, GM, AIG: Where Is the Leadership in American Boardrooms?

Er, wasn't most of the sirius loss due to goodwill charges? I don't pretend to completely understand this, but the following article says their operational loss was $217M, and that the rest of it was a one-time "write-down mostly related to a drop in the company's share price since its merger agreement in February 2007."

biz.yahoo.com/ap/08111...