Guns and Butter

What Way Forward for Pacifica?

Pacifica National Board member, Grace Aaron, explains the historical context in which the present Pacifica financial crisis is taking place; the lawsuit filed against Pacifica by Empire State Realty Trust; summary judgment against Pacifica; signal swap or sale details; Pacifica’s total debt versus its total assets; two ways forward, i.e., loans or bankruptcy; Pacifica National Board votes to authorize the loan option; how the loan option does not constitute additional debt; how loans are secured; the bankruptcy option, pluses and minuses; bankruptcy committee of creditors; Pacifica hires a turnaround Interim Executive Director; Pacifica National behind in audits; loss of Corporation for Public Broadcasting funds; Pacifica’s non-profit status at risk; long-term solutions to strengthen the Pacifica Network.

Originally Aired: January 17, 2018
Visit Guns and Butter at: http://www.gunsandbutter.org
Subscribe to our newsletter at: http://eepurl.com/bmg4zf

 

• Rapid Response Phone Numbers for ICE Raids      • Become a KPFA Ally today!      • "Lifting the Voices of the Bay" it's in your mailbox today      

Share This