Farid Suleman is out of the closet on bankruptcy.
Federal rules required his company file its 10-Q report as all publicly-traded companies must.
There is a reason Suleman filed it on Friday evening just ahead of the weekend because it would be better if no one knew the blunt terms Citadel had to use to assess the prospect for bankruptcy.
The parade of shareholder destruction continues.
Among the revelations right from Suleman
Recent Posts
- The Company Cleaning iHeart’s Clock
- The End of Consolidation
- The Return of Payola
- iHeart Scraping Competitors’ Business
- The Hurry-Up Cumulus Bankruptcy Plan
- Urban One’s Managed Decline
- An Urgent Behind-the-Scenes Cumulus Pivot
- GM Secretly Taking Back In-car Entertainment
- The Podcast Reckoning
- Beasley’s Nepo Problem