sailboat

Mel Karmazin Comments on the Sirius/XM Merger

cos1000:
I wasn't even referring to the title video because I can't view it, probably don't have the right media player. My point was made after watching Mel on Bloomberg, Mad Money, and the CC. His points are becoming played out and now it's time for the meat and potatoes. In his defense, I can understand how he avoided specifics due the discovery process of the merger and it takes time to unravel the books but a cocky attitude behind new veneers will only keep people's interest for a short while.

I don't want to be conceived as a Mel basher and think he now is aware of what needs to be done and will lay everything out after Labor day. In my eyes, he gained a tot of credability by leaking out the iPhone news, but this too will backfire if not clearly address when he speaks. I also like Mel's attitude and street smarts in dealing with the shorts and his respect for the shareholders of the company. After just coming off a 3 month session with Motorola, I understand the value of a pro active leader.