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OK, we took timeout from the Limbaugh/W.H. silly stuff this week but as we said days ago, the only one who is destined to win in all of this is Rush/EIB and afiliates. Remember, Rush’s job is to build and maintain audience... he’s an entertainer and he’s playing the field as though they are novice’s.

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Radio Biz --

Citadel stock drops from a dime to a penny.

Literally one cent - that was the closing price in a generally lousy stock market day. But Citadel came in for special punishment with a shocking number of shares traded.

Get this - the recent average daily volume on “CDL” is about 840,000 shares. Yesterday - 18,491,029 shares traded hands. That’s 22 times the average.

One former Citadel staffer here at the Country Radio Seminar says “it’s going to be really tough, with the two-year closing date on the Disney deal for ABC coming up in June and the debt payments. Farid’s going to need friends, and I don’t know who he’s got.” (Tom Taylor)

Wall Street tripped again and stocks fell to a 12-year low Thursday...

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Listening to KGO Radio Thursday, the BIG story in the state of California was the Calif. Supreme Court hearing arguments concerning Proposition 8.

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The one stock many people watch as a bellweather is G.M. -- sorry to say even the last of those holding on to their stock are now selling. It was another big loss in Thursday trading taking the stock below $2.00.

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And, as the President said... something about no more pork, politicians from both sides of the aisle began wondering.

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