Citadel Facing Near Certain Bankruptcy

You think Sam Zell has problems with his bankrupt Tribune Company?

Citadel is on the fast track for disaster by the end of January and what you may be seeing in the next few months is their admission that things are hopeless.

For example, Radio-Info's Tom Taylor has been all over rumors that Citadel may be selling its ABC stations to raise cash.

Bonneville is the name Tom keeps hearing.

And as usual, Tom's nose for news is outstanding.

There are several scenarios emerging -- one worse than the other -- for the financially pressed Citadel. Perhaps you've not heard much from them lately. There's nothing&hellip