FrankenNet: Circling the Drain

"Now you know why the current owners of Air America seem so disinterested in holding Cohen accountable for the Gloria Wise mess."

So ends Part I of Michelle Malkin and Jim Mahoney's investigation into Air America's finances. The reason? Because Cohen's regime and the current management at Air America are virtually identical, except for Cohen himself.

Read the whole thing - and stay tuned for Part II on Radio Equalizer.

Now you know why Air America and its defenders are using smear tactics to disparage critics and bloggers and journalists asking hard questions about its past and current finances.

But what's next for Air America as it travels down its trail paved with debts?