Comments on: Sirius Debt Problems? Call EchoStar! No Upfront Fees! http://digitaldaily.allthingsd.com/20090206/sirius-debt-problems-call-echostar-no-upfront-fees/ by John Paczkowski Wed, 25 Nov 2009 05:19:57 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Call Me Mel “Save-My-Own-Keister” Karmazin | John Paczkowski | Digital Daily | AllThingsD http://digitaldaily.allthingsd.com/20090206/sirius-debt-problems-call-echostar-no-upfront-fees/comment-page-1/#comment-5172 Call Me Mel “Save-My-Own-Keister” Karmazin | John Paczkowski | Digital Daily | AllThingsD Fri, 13 Feb 2009 17:09:26 +0000 http://digitaldaily.allthingsd.com/?p=12659#comment-5172 [...] Sirius Debt Problems? Call EchoStar! No Upfront Fees! [...] [...] Sirius Debt Problems? Call EchoStar! No Upfront Fees! [...]

]]> By: Sirius: Give Me Liberty or Give Me Ergen | John Paczkowski | Digital Daily | AllThingsD http://digitaldaily.allthingsd.com/20090206/sirius-debt-problems-call-echostar-no-upfront-fees/comment-page-1/#comment-5132 Sirius: Give Me Liberty or Give Me Ergen | John Paczkowski | Digital Daily | AllThingsD Thu, 12 Feb 2009 14:31:19 +0000 http://digitaldaily.allthingsd.com/?p=12659#comment-5132 [...] Sirius Debt Problems? Call EchoStar! No Upfront Fees! [...] [...] Sirius Debt Problems? Call EchoStar! No Upfront Fees! [...]

]]> By: A Bankruptcy Filing, Mel? Surely You Can’t Be Sirius … | John Paczkowski | Digital Daily | AllThingsD http://digitaldaily.allthingsd.com/20090206/sirius-debt-problems-call-echostar-no-upfront-fees/comment-page-1/#comment-5093 A Bankruptcy Filing, Mel? Surely You Can’t Be Sirius … | John Paczkowski | Digital Daily | AllThingsD Wed, 11 Feb 2009 01:45:36 +0000 http://digitaldaily.allthingsd.com/?p=12659#comment-5093 [...] Sirius Debt Problems? Call EchoStar! No Upfront Fees! [...] [...] Sirius Debt Problems? Call EchoStar! No Upfront Fees! [...]

]]> By: Sirius Rolls Out New 24 Hour Investor Keening Channel | John Paczkowski | Digital Daily | AllThingsD http://digitaldaily.allthingsd.com/20090206/sirius-debt-problems-call-echostar-no-upfront-fees/comment-page-1/#comment-5060 Sirius Rolls Out New 24 Hour Investor Keening Channel | John Paczkowski | Digital Daily | AllThingsD Mon, 09 Feb 2009 19:38:06 +0000 http://digitaldaily.allthingsd.com/?p=12659#comment-5060 [...] just a week or so left until its first round of debt obligations come due, Sirius is in a tight spot. As Karmazin told investors last week, the company needs to raise $175 [...] [...] just a week or so left until its first round of debt obligations come due, Sirius is in a tight spot. As Karmazin told investors last week, the company needs to raise $175 [...]

]]> By: Jeff Stevens http://digitaldaily.allthingsd.com/20090206/sirius-debt-problems-call-echostar-no-upfront-fees/comment-page-1/#comment-5044 Jeff Stevens Sat, 07 Feb 2009 13:12:05 +0000 http://digitaldaily.allthingsd.com/?p=12659#comment-5044 You might want to check your sources again. I doubt that Echostar has the Goldman Sachs slice of the 2/15 debt. The conversion of $135m would be +1 billion shares of SIRI stock, that SIRI had recently authorized from their stockholders. So we are talking about GS owning a chunk of the company. I don't think they would give that away. As of 3/25/08 Joe Clayton had 3.5 million SIRI shares. Although I don't know if he dumped them without having to report it since he left SIRI. Although Joe knows SATS, financing has not been his strength. Having sold Frontier to Global Crossing and seeing that wiped out in chapter 11. Joe is also the guy who signed Howard Stern. Need I say more! You might want to check your sources again. I doubt that Echostar has the Goldman Sachs slice of the 2/15 debt. The conversion of $135m would be +1 billion shares of SIRI stock, that SIRI had recently authorized from their stockholders. So we are talking about GS owning a chunk of the company. I don’t think they would give that away.

As of 3/25/08 Joe Clayton had 3.5 million SIRI shares. Although I don’t know if he dumped them without having to report it since he left SIRI.
Although Joe knows SATS, financing has not been his strength. Having sold Frontier to Global Crossing and seeing that wiped out in chapter 11.

Joe is also the guy who signed
Howard Stern. Need I say more!

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