Sirius XM going down in 2009 ?

[Capricorn]

During the shareholder meeting, Mr. Karmazin acknowledges that
bankruptcy is a possibility if the company cannot reach agreement with
lenders, but he says it is unlikely.

From a very long paper in the New York Times:

http://www.nytimes.com/2008/12/28/business/media/28radio.html?_r=1&hp

[Kimba W Lion]

Post by Capricorn
During the shareholder meeting, Mr. Karmazin acknowledges that
bankruptcy is a possibility if the company cannot reach agreement with
lenders, but he says it is unlikely.

There are different levels of bankruptcy. Even if they do go that way, it
doesn't mean they'll cease operations.