NY Times February 10, 2009 edition headlines that Sirius (isn’t in the) Black:

http://www.nytimes.com/2009/02/11/technology/companies/11radio.html?em

If you’re a die-hard Howard Stern fan, you might not find this punny, but notwithstanding monopoly status, Sirius XM now seriously considers Title 11 bankruptcy. The obscenity is not the station darling, Mr. Stern’s profanities. It is the $100,000,000 Mr. Stern collected annually from his bosses.

I don’t argue the inevitability of bankruptcy as a function of inflated payroll.

You have to invest money to make money. I just question whether in the exercise of good faith, did they even try to negotiate the salary?

It is just another sample that affords perspective on the individual whose modest investments and expenditures did not fare well.