The Wall Street Bullies

The Philadelphia Flyers hockey team has been and still is known as the Broad Street Bullies -- named after the street where their hockey rink is located and for their rough style of play.

In radio, it's the Wall Street Bullies. The investment banks and radio CEOs who have sold their radio privileges for riches beyond their level of talent.

The Broad Street Bullies fight with their fists.

The Wall Street Bullies fight with their knives -- the ones that slash station budgets to the bone.

Need a recent example?

Here's how not to rebuild radio into a competitor for increased audiences and more advertising: