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What Way Forward for Pacifica? - Grace Aaron, #380
Manage episode 219292286 series 2454054
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Pacifica National Board member, Grace Aaron, explains the historical context in which the present Pacifica financial crisis is taking place; the lawsuit filed against Pacifica by Empire State Realty Trust; summary judgment against Pacifica; signal swap or sale details; Pacifica's total debt versus its total assets; two ways forward, i.e., loans or bankruptcy; Pacifica National Board votes to authorize the loan option; how the loan option does not constitute additional debt; how loans are secured; the bankruptcy option, pluses and minuses; bankruptcy committee of creditors; Pacifica hires a turnaround Interim Executive Director; Pacifica National behind in audits; loss of Corporation for Public Broadcasting funds; Pacifica's non-profit status at risk; long-term solutions to strengthen the Pacifica Network. Originally Aired: January 17, 2018 Visit Guns and Butter at: http://www.gunsandbutter.org Subscribe to our newsletter at: http://eepurl.com/bmg4zf
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Manage episode 219292286 series 2454054
Content provided by Guns and Butter. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Guns and Butter or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Pacifica National Board member, Grace Aaron, explains the historical context in which the present Pacifica financial crisis is taking place; the lawsuit filed against Pacifica by Empire State Realty Trust; summary judgment against Pacifica; signal swap or sale details; Pacifica's total debt versus its total assets; two ways forward, i.e., loans or bankruptcy; Pacifica National Board votes to authorize the loan option; how the loan option does not constitute additional debt; how loans are secured; the bankruptcy option, pluses and minuses; bankruptcy committee of creditors; Pacifica hires a turnaround Interim Executive Director; Pacifica National behind in audits; loss of Corporation for Public Broadcasting funds; Pacifica's non-profit status at risk; long-term solutions to strengthen the Pacifica Network. Originally Aired: January 17, 2018 Visit Guns and Butter at: http://www.gunsandbutter.org Subscribe to our newsletter at: http://eepurl.com/bmg4zf
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The day's biggest news dissected by the day's newsmakers. Diverse opinions from across the political spectrum. The show that makes you decide, are you the Left, Right or the Centre?
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