Board of Salem Media Group has a fiduciary duty to shareholders to manage risk

Salem Media took a financial hit from publisher @Regnery’s recall of @DineshDSouza’s book ‘2000 Mules.’

Do $SALM shareholders want to assume more risk? #riskmanagement #CopGov
npr.org/2022/09/08/112…
Are largest shareholders of Salem Media Group, parent company of @Regnery, publisher of Dinesh D’Souza’s recalled book 2000 Mules concerned about potential liability risk? $SALM #2000Mules #riskmanagement #CorpGov
“Salem Media Group Inc. ( $SALM) cut its third quarter total revenue outlook, reflecting the postponement of the forthcoming book, 2000 Mules by Dinesh D'Souza, until the fourth quarter.” #2000Mules #CorpGov #riskmanagement via @Nasdaq nasdaq.com/articles/salem…
Typo: #CorpGov
Hi @verdadcap Dan Rasmussen. You are founder of Verdad Advisers, the largest shareholder of @SalemMediaGrp, parent company of @Regnery, publisher of @DineshDSouza’s 2000 Mules. Are you concerned recall, $SALM reduced earnings, and further risk? #2000Mules #riskmanagement #CorpGov
Salem Media Group is deceiving its shareholders. $SALM announced lower earnings due to “postponement” of 2000 Mules book by @DineshDSouza. Fact: Publisher @Regnery issued a FULL RECALL of the book due to unspecified “publishing error.” Far more #risk and cost. @SECGov #2000Mules
Salem Media Group is deceiving its shareholders. @Regnery president told @NPR that “some advance copies” of ‘2000 Mules’ book were recalled. Fact: Publisher issued full recall — far greater cost. Are $SALM shareholders informed of #risk? #2000Mules #CorpGov @SECGov @GaryGensler
How Big Business Bailed Out the Nazis

A tragic tale of what can go wrong when profits are entangled with politics.

Large investors backing 2000 Mules are doing the same. Stop.

$SALM #CorpGov #2000Mules #riskmanagement brennancenter.org/our-work/analy… by @ProfCiara

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More from @nancylevine

Sep 9
Publisher of @DineshDSouza's '2000 Mules' book @Regnery told @NPR that "'some advance copies were distributed in error.'"

"Some advance copies"? Not exactly. ALL copies distributed to Amazon, Walmart, and Barnes & Noble, etc.

What was the "publishing error"? #2000Mules
Screenshot of publisher's notice to book distributor for Walmart. FULL RECALL of Dinesh D'Souza's '2000 Mules' book.

And spokesperson for Barnes & Noble emailed me:

"We can confirm that the publisher did notify us of the recall and for all books to be removed." #2000Mules
I obtained a copy of recalled version of Dinesh D’Souza’s ‘2000 Mules’ book. Publication page clearly indicates this is not an “advance copy.” It is a first edition, first print run. Very costly to recall and reprint, re-distribute. Who paid for the recall? #2000Mules
Read 4 tweets
Aug 29
🚨NEW: Publisher of @DineshDSouza's book 2000 MULES has issued a FULL RECALL. I received this image from a book vendor for Walmart. The book's election fraud premise has been widely debunked.

I've asked publisher @Regnery why it issued the full recall. Will report. #Publishing Image
“'My opinion then and my opinion now is that the election was not stolen by fraud,' Barr said. 'And I haven’t seen anything since the election that changes my mind on that, including the ‘2000 Mules’ movie.'” @reveal revealnews.org/article/true-t…
@Regnery's "list of authors reads like a 'who’s who' of conservative thought and action, including Ann Coulter, David Limbaugh, Michelle Malkin, Dinesh D’Souza, Newt Gingrich, Mark Steyn, Mark Levin, Ed Klein, David Horowitz, Laura Ingraham, Donald Trump"

I await Regnery's reply Image
Read 5 tweets
Aug 29
Charles Schwab, founder of @CharlesSchwab donated $36,500 to the Republican National Committee in July. Chuck gave $1 million to GOP super PACs affiliated with Mitch McConnell and Kevin McCarthy in June.

@ProjectLincoln was right about Schwab. $SCHW

"The Lincoln Project, a group of anti-Trump conservatives, had featured Schwab in a recent campaign highlighting companies that donated to President Trump or the election objectors in Congress."

Chuck Schwab is still donating to GOP groups. $SCHW
nytimes.com/2021/01/13/bus…
Charles R. Schwab is chairman of @CharlesSchwab. He still owns about 7% of its stock. He is "the single biggest contributor so far this cycle to the McCarthy Victory Fund, a PAC supporting McCarthy. He donated more than $366,000 in March"

Boycott $SCHW

washingtonpost.com/politics/repub… Image
Read 9 tweets
Aug 12
I have reached out to $FOX Corp. Chief Communications Officer Brian Nick to ask about Brian Kilmeade using an apparently photoshopped image of the judge involved in approving the Mar-a-Lago warrant. #CorpGov
I will report if I receive a response from Brian Nick or from anyone at @FoxNews or $FOX Corp.
#CorpGov
Will $FOX Corp.'s largest shareholders hold the company accountable for @FoxNews' Kilmeade showing a photoshopped image? #CorpGov
Read 6 tweets
Aug 12
Whole Foods CEO John Mackey to retire. In 2015, the New York Times reported that Mackey was board chair of spiritual guru Marc Gafni’s nonprofit. Gafni had been accused of sexually molesting underage girls. Mackey protected him. theguardian.com/business/2022/…
"A co-founder of Whole Foods, John Mackey, a proponent of conscious capitalism, calls Mr. [Marc] Gafni 'a bold visionary.' He is a chairman of the executive board of Mr. Gafni’s center, and he hosts board meetings at his Texas ranch." nytimes.com/2015/12/26/us/…
Whole Foods blocked me some time ago for following up on CEO John Mackey's association with Marc Gafni.
Read 4 tweets
Aug 10
Hi @neal_katyal. Trump attorney Christina Bobb holds an L.L.M. in National Security Law from Georgetown University Law Center, where you are a professor of law. What is your comment about Ms. Bobb suggesting that the FBI may have planted evidence in Mar-a-Lago? @GeorgetownLaw
I have reached out to both @GeorgetownLaw and @StateBarCA, asking for comment about Trump attorney Christina Bobb suggesting that FBI may have planted evidence in Mar-a-Lago. I will report if I receive response(s).
NEW: A spokesperson for the State Bar of California emailed this statement to me tonight in response to my inquiry about Trump attorney Christina Bobb suggesting that the FBI may have "planted" evidence in Mar-a-Lago. Image
Read 8 tweets

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