2007-02-20, 01:11 PM
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#9
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The Doink
Real Name: Scott
Join Date: Nov 2002
Location: Portland, OR
Posts: 20,335
Car: '09 OBXT, '02 WRX, '96 Miata
Class: PDX/TT-6
The way out is through
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Quote:
Originally Posted by bxracer69
It makes total sense;
Sirius, although its content is great, is a failing company. They have an incredible amount of debt to which they are not putting forth enough profit for their stockholders, it was only a matter of time before they either merged with another company,(XM) or went bankrupt. Last semester I did a complete financial analysis of the company and it is astounding the kinds of debt they have racked up and the problems that they have encountered.
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Um.. I thought XM was the one that was failing... didn't they lose every sport except baseball?
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