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Send to email | Sirius CEO Karmazin Accused of Misleading Congress in SIRIXMSR | By Silicon el 11-Jun-2008 |
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From Clusterstock: New wrinkle in the interminable and ridiculous SIRI-XMSR saga. Sirius CEO Mel Karmazin is now being accused of misleading Congress about the Sirius (SIRI)- XM Satellite Radio (XMSR) merger, reports Peter Lauria of the Post:
Senator Sam Brownback (R-Kan.) yesterday sent a letter to Senate Judiciary Committee Chairman Patrick Leahy (D-Vt.) asking that redacted portions of a May 27 letter from a satellite radio industry trade group to the Federal Communications Commission be released to the public.
The outspoken critic of the Sirius-XM deal is concerned that Karmazin wasn't being candid about the companies' efforts to make and market "interoperable" receivers - or radios that can receive both Sirius and XM signals - in his testimony to Congress.
"I am very troubled by the notion that Congress may have been misled in its prior hearings on this merger," wrote Brownback in reference to Karmazin..
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