Most already know about Air America's Bankruptcy...

But just in case you haven't heard:

Air America Radio Files Ch. 11 Bankruptcy
IN RE: PIQUANT LLC
October 13, 2006
Liberal radio station Air America files for Chapter 11 bankruptcy protection in an effort to reorganize the company and secure investor financing. http://news.lp.findlaw.com/hdocs/docs/radio/airamerica101306ch 11pet.html

The Station's List of Assets and Liabilities
http://news.findlaw.com/hdocs/docs/radio/airamerica101306cred itrslist.pdf
The Station's Financial Statement
http://news.findlaw.com/hdocs/docs/radio/airamerica101306finstmnt .pdf
Air America's Bankruptcy Lawyer
http://pview.findlaw.com/view/1231115_1?channel=LP
Bankruptcy Lawyers
http://lawyers.findlaw.com/lawyer/practice/Bankruptcy-Law