Friday, November 16, 2007
when will the other shoe(s) drop?
The Source is in free fall, AMI has finally been able to make a payment on time, and what are we hearing? They're going to borrow another 1.2 billion to merge. Haven't the bank regulators learned anything? Speaking of regulators, where are the anti trust guys. They had no problem hounding the wholesale community for years about trading accounts. How minor and petty does that seem now when you're talking about Source, AMI and DSI all with the same management. Publisher, National Distributor, Marketing Company, RDA company, Rack Company, Front End Management. Ah for the good old days when Hachette tried to buy a wholesaler and Hudson gave them a whoopin!! Any comments on who benefits, who's losing and who's afraid?