No. of Recommendations: 9
<If your contract is not being renewed I would think that the constructive thing to do would be to look quietly for another network. Criticizing managment on air is a sure way to be "fired.">

Under the circumstances I am sure LR would prefer being fired after publicly expressing his feelings rather than meekly keeping quiet and going away after his contract expired in June. If he had just quit on the spot, he could have been subjected to a breach of contract suit.

I have been a fan of his show for many years and an avid reader of his newsletter. The thing I like best about his style is that there is never any hype. It is well reasoned, educational and done with enough wit and good humor. I can't say that I have always followed his or his guests advice. However, like the REHP, it has offered me good alternatives to consider. It has been part of the input into making larger financial decisions.

If MPT wanted to create a new Fox-like show designed for a much younger audience with shorter attention spans, they should have done it as a stand alone project. There is more than enough room for another financial program on PBS. Trying to force LR into a minor role in a radically altered format was stupid. If they truely wanted to go in a new direction, they should have just announced they would not renew his contract. This is just another case of corporate stupidity showing its ugly face.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.