As if being stuck between John Malone and Charlie Ergen wasn't enough, Mel Karmazin now has angry creditors on his tail.
The Sirius XM boss is trying to decide -- as soon as today -- whether he'll take the satellite radio giant into bankruptcy or risk selling a significant stake to Malone and Ergen. Either way, he could end up kicked to the curb.
The Wall Street Journal is reporting that Karmazin is in the crosshairs of a group of creditors which is threatening to dump him and his team if they put the company into Chapter 11 instead of hammering out a rescue deal.
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