PACIFICA RADIO BOARD SECRETLY OK'S BANKRUPTCY FILING & SEEKS NY SIGNAL SWAP (tags)
In secret meetings on Sept. 28 and Oct. 5, the Pacifica Foundation National Board, which governs the 5-station nonprofit progressive radio network, voted over strong opposition to authorize its executives to file for Chapter 11 bankruptcy and initiate an effort to make a lucrative deal to swap the frequency of iconic New York station WBAI with another station holding a less desirable signal position.