When the boss sells his shares

May 4, 2006

in Radio

Sounds like a little “financial rain fade” at XM Radio. According to this story at TheStreet.com, XM-chief Hugh Panero recently unloaded some of his shares (“No, no…everything’s fine. I’m just goig down to inspect the lifeboats. I’ll be right back.”). You know I love my XM, but if it folded tomorrow, I’m not sure I’d jump over to Sirius. The podcasts have really been meeting my listening needs of late. [via I Love Radio]

Update: XM Ben took me to the woodshed (a little) for suggesting that XM is in trouble, based on a single story. He’s right. My post was Enron knee jerk. May XM live long and prosper.

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