[Ashcroft] approached XM in the days after the merger was announced offering the firm his consulting services, a spokesman for XM said, according to a report in The Wall Street Journal.Sellouts! Let the eeeeagles soooar...like they've never sooooared before...The spokesman said XM declined Ashcroft's offer to work as a lobbyist for the company, the Journal reported.
Ashcroft was subsequently hired by the National Association of Broadcasters, which is fiercely opposed to the merger. On its behalf, he conducted a review of the effects on competition if the two satellite radio companies were allowed to merge, the Journal reported.
Monday, March 05, 2007
Things that suck: Sellouts
John Ashcroft, sent a letter last week to Attorney General Alberto Gonzales that blasted the upcoming merger between XM and Sirius. Which is fine, it's his right to do so if he thinks that the merger will hurt the consumer in the end. However, as is the case much of the time, there were other reasons for his passionate plea to strike the deal down:
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