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View Diary: Air America vs. Fox News (43 comments)

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  •  Ahh... (1+ / 0-)
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    Do Tell

    Perhaps a bit more thought sould be put into this Cenk.
    Losing market cap and losing money are NOT THE SAME THING. Market Cap is the value of all the corporations outstanding stock. It has little to do with making or losing money. Did they post a profit last year or not? If so, they did lose money, they did NOT LOSE MONEY.

    As they say in my country, the only thing that separates us from the animals are mindless superstition and pointless ritual. Latka Gravas

    by CEMan on Tue Jan 13, 2009 at 10:14:24 AM PST

    •  According to News Corp's (2+ / 0-)
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      IreGyre, Kat08

      11.05.2008 1st Quarter Fiscal 2009 Earnings Release the company ran a considerable profit in the most recently reported period. Meanwhile the profitability of Air America remains unknown for the privately held enterprise that Green Family Media purchased out of bankruptcy.

      The comparison doesn't really matter. Cenk's observation about the enourmous market capital losses for the company remains valid viewed as a comment on the irony of chickens coming home to roost for policies promoted by the News Corp's ubiquitous voices.

      "I Think We're All Bozos on This Bus" Firesign Theatre 1971

      by LeftOfYou on Tue Jan 13, 2009 at 01:22:45 PM PST

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