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Feeding the Wall Street Elephant

“Clear Channel’s Revenues ‘Worse Than Expected'” reads the Radio Ink headline.

Hey, Wall Street, why don’t you give these guys a break? Whenever a company at the head of its industry seeks to reconfigure the way that industry earns its massive revenues with an eye to the future, it seems to me it deserves at the very least a little bit of slack.

It’s thanks to the “more is more” expectatations of Wall Street that we’re in this mess to begin with.

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