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Ousting Sirius CEO Karmazin Is a Crazy Idea

PLANNED TAKE OVER – VIACOM HISTORY REPEATING

I agree dumb, Mel did not do anything by accident. Like the paid propaganda keep saying, "It was all legal".

But, Mel did it all in a plan to kill the stock and take it private. The dilution of massive issue followed by a rev split will end again in massive shorts.

The second time the shorts reduce the stock, and this will be after the split, the reduced share and value will be absorbed in a private deal to take Sirius private.

Mel did the exact same thing building Viacom. This is no theory, it is history repeating...

Mel is dangerous to stock holders.

Ousting Sirius CEO Karmazin Is a Crazy Idea

ALL KIDDING ASIDE

I bet security at the meeting is going to be hell. Mel would be nuts if he did not bring an army of security to the meeting.

Most Stock Holders of Sirius want Mel’s blood. So, I am thinking he will not even be at the meeting.

Anyone want to bet Mel is a no show?

Ousting Sirius CEO Karmazin Is a Crazy Idea

The unsophisticated and unwashed Sirius Stock Holders are going to give Mel a tar bath and clean up his act on December 18, 2008.

LOL…

Ousting Sirius CEO Karmazin Is a Crazy Idea

SIRIUS TAR and FEATHER PARTY

All stock holders are invited to the “Tar and Feather Party” for Mel.

Florida, December 18, 2008

Free beer and lots of entertainment…

Ousting Sirius CEO Karmazin Is a Crazy Idea

Mel needs his propaganda

Most of what you read in these blogs is paid for by Sirius.

Ousting Sirius CEO Karmazin Is a Crazy Idea

Jon C. Ogg
December 1, 2008
Washington Post

It is time for a major change at SIRIUS XM, and that change needs to be the ouster of Mel Karmazin as CEO.

The value destruction here has been enormous and the efforts from holders to ouster the company might actually have a shot at achieving their goals here. Michael Hartleib, an individual leading SaveSirius.org and suing Sirius, offered up comments on this. He noted specifically, "What's transpired during Mr. Karmazin's leadership is nothing more than criminal and I'd like to remind you of the CNBC piece Mr. Karmazin did entitled "I am American Business" in which he states "the reason I like to be the CEO of a publicly traded company is because the shareprice is like a report card." News Flash Mr. Karmazin.... I and members of SaveSirius.org give you a big fat "F" which I guess is appropriate considering the way you ____ us (edited over)."

Ousting Sirius CEO Karmazin Is a Crazy Idea

Who Asked
>>> Brandon, please identify the "writer" who suggested that Mel should be fired. Does this "writer" exist? <<<<

It was
Jon C. Ogg
December 1, 2008

>>10 CEOs To Go For 2009: Mel Karmazin of SIRIUS XM (SIRI)

It is December, and it is time for many companies to review their existing plans and decide to make some major changes in 2009. SIRIUS XM Radio Inc. (NASDAQ: SIRI) now stands at a critical juncture, and this is a call which will not come about easily. It is also a call which may be one of the more controversial calls out there. It is time for a major change at SIRIUS XM, and that change needs to be the ouster of Mel Karmazin as CEO. << see Washington Post >>

And I agree... Mel is dangerus to Sirius Stock Holders.
Vote No to everything Mel wants. For the love of god get Mel out!!!

Ousting Sirius CEO Karmazin Is a Crazy Idea

Expert Here ?

Most of what you read in these blogs is paid for by Sirius. Yes, all the so called experts still talking up Sirius here are paid false advertisers of Sirius. It is called PR and your reading it all here.

Remember, false advertisers is a well know and large industry. Every time you read about someone here trading Sirius and two others congratulating them for the move, read the usernames history back a few months. You will see for yourself.

We have only two or three users who have multiple accounts and they use them for Sirius Paid Propaganda. So, please be advised and aware.

IMHO
Mel needs to go. All true stock holders of Sirius have already realized that Mel is very dangerous for our investments. Mel needs his propaganda because we are going to kick him out.

Like that guy says, VOTE NO!

Sirius Investors Face Difficult Decisions: It All Boils Down to Faith

In the merger prospectus Mel laid the plan to fund the merger entirely on the back of the stock holder by this short to crash and issue maneuver. Mel referred to stock holders as the “unsophisticated” Mel knew most would not read the full prospectus.

Mel laid the plan intent to mislead investors and intent to destroy the stock price.

Every day Mel remains the Sirius CEO is more danger for stock holders.

Sirius Investors Face Difficult Decisions: It All Boils Down to Faith

Cos

LOL... OK than, dont answer the question. I knew you would avoid the issue. LOL...

Sirius Investors Face Difficult Decisions: It All Boils Down to Faith

Dayworker - reality, not fantasy.

You answered your own question.

In the merger prospectus Mel laid the plan to fund the merger entirely on the back of the stock holder by this short to crash and issue maneuver. Mel referred to stock holders as the “unsophisticated” Mel knew most would not read the full prospectus. Sadly, I was one of the unclean that invested without fully analyzing the prospectus. But who could have known the deviousness of Mel.

I see this as intent to mislead investors and intent to destroy the stock price. We know from the prospectus that Mel has done this with full knowledge of what would happen. Every day Mel remains the Sirius CEO is more danger for stock holders.

It plays like this:

Merger funded by convert bonds.
Shorts are planned to make money and who knows how much Mel made here.
Rev Split and issue share to cover 2009.
Shorts continue again.
Stock falls again
Sirius goes private or a takeover bid by some devious vehicles Mel provides.
--- Mel and Company makes a killing. The unsophisticated are cleaned out.

Additionally, if you investigate how Mel built Viacom you will find that he has done this exact evil thing before, including taking the company private.

Sirius Investors Face Difficult Decisions: It All Boils Down to Faith

Cos

Telling lies to a Congressional Committee is all I need to know about Mel. I have read the transcripts of what Mel told the FCC vs what he told Congress about the merger and plainly he lied. Mel is now under a full investigation. No matter what else he has done or not, lies to Congress are all I need to demand he be removed as CEO.

Now add what the Judge said (IN COURT) about Mel and Sirius Suing itself at arms length for protection from stock holders. You don’t need to hit me with a 2x4 to convince me.

You said:
>>> Until evidence, recognized in a court of law, proves his guilt, I will not subscribe to all the allegations. <<<

A jury in a court is composed of people like you and me. So, with all you have read about Sirius and Mel, what would be your opinion be as a jurist today?

An iPhone With Satellite Radio - Gasp! Really?

Iphone Dreams? Buy a lottery ticket.

Apple has historically stayed clear of partnerships with companies of questionable motivation. I give Apple credit for 20 years of solid and mostly moral management.

Sirius is a tainted company with dreadful and dirty management. Apple will stay clear of Mel and Company. For as long as Mel is in Sirius than Apple may never partner. Apple would need a good reason to get dirty before touching Sirius.

Apple has always been fair to stock holders and loyal stock holders have been willing to dig deep into the pocket to save Apple more than once in 20 years. But, unlike Sirius who screws stock holders, Apple has provided royalty for loyalty.

Apple is way too smart to get involved with Sirius or Mel.

Sirius Investors Face Difficult Decisions: It All Boils Down to Faith

Happy Thanksgiving

I would have Mel for Thanksgiving but he is already stuffed with money and I hear crook tastes like shXt…

Vote No
Stock Holder meeting on December 18th. Cook this crook turkey…

Sirius Investors Face Difficult Decisions: It All Boils Down to Faith

Would you buy a company that is already facing BK in 6-9 months?

Would you buy it knowing your going to lose 4.8 billion dollars in GOOD-WILL?

Would you buy it and finance the purchase deal with funding that you know is going to crash your stock price of your already healthy company?

Mel did…