Clear Channel, Owner of Toledo’s WSPD owes billions to Bain Capital

The Toledo Blade
November 18, 2012
Clear Channel, Owner of Toledo’s WSPD owes billions to Bain Capital
http://www.toledoblade.com/Economy/2012/11/18/Clear-Channel-Owner-of-Tol...

Looks like Mitt Romney is having the last laugh! What a boneheaded move supporting Ron Paul for president when your owners are Mitt Romney's Bain Capital. Fred you better start talking nicey nice about Stainbrook and Mitt Romney if you want to stay employed. Maybe you and Don can negotiate an employment contract with Bain Capital directly. I know you don't need a union....right?

No votes yet

From the way Bain does business, it seems Clear Channel mismanaged themselves into a corner and then chose the worst possible option for getting out. There are no victims here. I never liked the way CC did business. Looks like my feelings are vindicated.

From what I understand Mitt Romney hasn't been involved in Bain for some years so it's unlikely the company would choose the station I work for as a scapegoat. CC owns a number of stations all across the United States whose jocks would have backed Obama for instance. If you read the story completely poster you'll also see that the job losses started way before Romney's failed attempt at the Presidency, in fact before the campaign. I just signed a new contract so my negotiations are finished for at least the next year and knowing that you don't understand dealing with management on a one to one basis I'll explain something to you. Contract talks are done with the local market manager not the head of CC or of Bain, contracts are then approved based on the local manager's recommendation.
There's no reason for me to talk "nicey" as you suggest because Romney lost and isn't at Bain, and Stainbrook has nothing to do with Bain. I haven't had a union in all these years poster and I've done pretty well as you say so yourself for a part time, high school educated blowhard. Now on the other hand I could have gone right from high school to Hostess and let the baker's union handle my future.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

According the the article and I quote:

"Mr. Stroud, who has not found work since he was laid off, said he most likely was targeted because he was one of the longest-serving employees at the station, which had garnered him a higher salary than other workers."

I think Mr. Entertainer should be very worried. At Jeep when they went through bankruptcy workers took pay and benefit cuts. Some workers are making half of what they use to just a few short years ago. It didn't matter that they had a contract or not. It would have been worse for the workers if there were no UAW union. I think you should contact Region 2B UAW.

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

I had a feeling my long post might be too much for you to read and comprehend, so I'll just give you the highlight. I've been here since 1980 and just signed a new contract without the help of Region 2B UAW. I had considered using the BCTGM but they were busy negotiating the new "out of a job" contract with Hostess. I hate to see any private sector employees lose a job, but I fail to see how Brian's situation is any different than that of a Hostess employee except for the fact that he probably has more money.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

Do you think wolfman would be surprised to know there are several unions for broadcasters and radio and television artists. Sadly though their usefulness is about that as their fellow union counterparts.... not much.

MikeyA

Knowing that CC is being eaten by Mitten's monstrosity is too rich for words.

WOW! Just reading today's Blade! Bain Capital, billions of dollars? Interesting side note. I had a call from Clear Channel C.,yesterday (Saturday) at 4:25PM. The number was 617-451-2345. Whoever called did not leave a message. Wonder what Clear Channel wanted with me???!!!??? Hmmmm....lol...

I would guess that Clear Channel has read your superb posts and wants you to take over the company--just a guess.

CC is known for it's minority outreach programs. But a quick check of the number shows it's not HQ so it can't be too important. You should call them back though in case it's a job opportunity. (wink, wink) Thwila Talk Weekdays 6-9a

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

Leave it to the Blade to make a "story" out of interviewing a bunch of disgruntled former employees. I smell a Pullitzer!

you should know by now *from the exit polls) that I as a black female am no longer the minority in America. YOU ARE! Grumpy old white men........

Would you rather be a black female ecstatic about your Obama phone or a "grumpy old white man" making millions?

I was thinking that if it weren't for a grumpy old white man named "Abe," black females couldn't be blogging on Swampbubbles. Just a little historical tidbit.

you will be looking for a job before I will.....

I'm not grumpy, and I have a job. And believe me I know you won't be looking for a job anytime soon.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

From the Toledo Blade story:
"Of the 16 radio stations in the Toledo area, WSPD ranked 11th for the 3 p.m. to 7 p.m. time slot, according to the most recent Arbitron ratings available. Mr. Wilson’s show was broadcast during this time, and the ratings track listeners 12 and older.
In the 25-to-54 age range, Mr. Wilson’s show also ranked 11th, bringing in about 10,200 listeners. Those listeners make up less than 1 percent of the market in the Toledo area.
In November, 2005, the year Mr. Wilson started at the station, WSPD ranked in third place among the Toledo radio stations in Arbitron’s ratings for the afternoon."
http://www.toledoblade.com/Economy/2012/11/18/Clear-Channel-Owner-of-Tol...

I'd say the man is a dismal failure! When he can't make it in the small Toledo market its time to look elsewhere! I for one am looking forward to again listen to Speedy on a regular basis. Its up to Andy to bring the right people into a liberal community. 62% of Toledo voted for Obama. To have less than 1% of the market is pathetic! Bring in some more centrist shows.

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

tenure of Obozo, and you voted for 4 more years of this job killing ?
Gas above $3.55 for 45 months straight and you voted for 4 more years of this attack on middle class incomes ?
Home values down 44% and you want more of this and foreclosures too ?
Net worth's of real American's, down $21 TRILLION and morons want 4 more years of this ?

Ambassadors murdered along with 3 others and Obammy goes to fund raise in Vegas, without even calling the close by rapid response team . And, a rectal orifice wants his Chicken In Chief, to continue this ?

No wonder Detroit, Toledo, Chicago, and all cities with one party Dim destruction are spiraling down the toilet with voters, citizens and liars like you !!!

check your history! FTE don't be so defensive! Galt, I'd rather be who I am, not a stereotypical, grumpy, old white man who would deny ANYONE an Obama phone. You should check the history of how the "Obama" phone came to be, it started with George Bush but you racists continue to give President Barack Obama the credit. I'm sure that "gift" helped to get him re-elected! ROFLMBO......

It was just one of a myriad vote buying schemes that Demonrats, utilize to sucker blacks & dissolute minorities, into voting for them.
Look how it's worked out for the blacks-worst schools in all of America, worst crime rates of all of America, worst out of wedlock births in America, worst future prospects in all of America, etc.

Blacks-keep voting for those that chump you like the fools you are to believe one word of a Demonrats promises to you !!!

thilwa cracks me up. She stays away for months for the civility of FB but still comes back occassionally for a visit long enough to call someone a racist or suggest they are disgruntled, defensive, angry, rude etc etc..... Suggest she go back to where things are civil and she accuses you of telling her what to do, mention welfare, obamaphones, obamacare and she yells racist despite the fact that the man is not black but in fact mixed race. i will admit she's fun to watch though.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

The one thing that Obama has accomplished is that "racist" has lost all meaning and any negative connotation previously attached to it. I'm a racist because I'm white, but you can't be because you're black. Whatever.

Black Singles Dating, etc.

Blacks, exclude themselves from Society and wonder why they get the raw end of EVERY deal Demonrats, dream up to buy their votes ?!

The K.K.K., was created by Demonrat scum and to this day, only those voting Demonrat, can join !!!!

Still waiting.

MikeyA

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