"Vermont businessman and former state government official Charlie Kireker is becoming Chair of the board of Air America Radio as his newly formed Pendulum Media agrees to purchase a controlling interest in the liberal talk network from Green Family Media."

http://www.radioink.com/HeadlineEntry.asp?hid=141130&pt=todaysnews

Current ownership and management is sticking around, however. It sounds like the new investors came in to try to expand Air America, not save it like Green did.

Andrew

I'm not surprised they included someone else in the ownership. It's alway good to have someone else to share the blame!