Al Franken No Longer Receives Paychecks, Yet Air America Isn't Bankrupt??

Air America Lays Off Employees, Not Filing Bankruptcy; Liberal Radio Network Dismisses Bankruptcy Rumors

Financially strapped Air America Radio has acknowledged laying off a few employees, but insists it has no plans to declare bankruptcy.

Star commentator Al Franken has said his paychecks from the liberal talk show network stopped coming.

An Air America spokeswoman says there were "a handful of layoffs" that followed a move of the network's New York outlet from WLIB-AM to WWRL-AM.

Franken told listeners during his broadcast from New York that he's aware of the bankruptcy rumors. But he assured listeners that the financial problems won't silence the network.