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David Hauslaib
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— Fri, Feb 9, 2007 —
Cali Court Takes on Q Television
Nancy Network Needs To Pay Up

olsenH.jpg
Another not-so-shocking story: a reader informs us that California's filed a lawsuit against the now defunct Q Television Network and CEO Frank Olsen for Labor Code violation. What are these so called Labor Code violation? Unceremoniously firing employees and withholding more than $800,000 in back pay.

You may recall the network helped lead the gay television station craze in 2002, but failed to draw the numbers necessary for syndicated survival. What's more, many claim Olsen and company pilfered the station's bank accounts.

When the company folded back in May of 2006, Olsen had this to say:

When I took over control of the network on March 7, 2006, the company was roughly 7 million dollars behind in payments to vendors; numerous lawsuits had been filed against the company and over $600,000 was owed to former employees. The financial challenges that the network faced proved too difficult and I was simply unable to turn around the network.
While Olsen may blame previous management, others insist he's merely an incompetent, greed-driven dick: certainly an anomaly in gay media.

Comments


No. 1
George Wilson says:

Interesting, except that your reader has the names of the people wrong and the $ amounts wrong . Ever do a fact check before you publish?

February 9, 2007 3:46 PM
No. 2
jack jett says:

the comment that you quote was made by
lloyd fan who took the company over from
frank olsen.
lloyd fan made the promise to pay all the employees then came in, sold some stuff, and took of to tawain.

about one million bucks of qtn money went to
pay for the film "shortbus".

the staff of "the queeredge" alone is owed around
$500,000. so i think the $800,000 is very low.

the bottom line is that all of us at q television got fucked without the benefit of lube or a nice dinner.

however....HOWEVER, let it be known that the foks that worked there proved to be the best of the glbt community, working together, creating projects, making a difference. everyone worked their ass off to make the concept of a true independent gay television network come to fuition.

jack jett

February 9, 2007 4:18 PM
No. 3
Frank Beans says:

I don't know one person who worked for Q Television that wasn't warned about the companies indiscretions. Q Television had a long history of deceiving people (even back in their Rainbow Television days), but most of the people who worked there didn't seem to mind it. They can blame Frank Olsen all the want, but the truth is, they need to blame themselves for staying when they new it wasn't in their best interest. If Frank was able to sucker them into this situation, shame on them. It's called, "Personal and Business Integrity." If you don't have it, people like Frank will fool you EVERYTIME.

The truth is...the staff's expectations far exceeded the companies ability to turn a profit. Everyone could see it. They were bound to sink from the beginning. If anyone claims anything different, they are naive and novice in this profession.

February 10, 2007 7:08 PM
No. 4
Investor says:

This is a joke.

This above quote was said by Lloyd Fan, not Frank Olsen. What kind of website is this?

February 21, 2007 6:26 PM
No. 5
DEBTFREEDISCIPLES says:

A non-conforming loan refers to any loans that are sold to the secondary mortgage market, but NOT through Fannie Mae, Freddie Mac or Ginnie Mae

March 28, 2007 1:43 PM
No. 6
LOAN says:

Here is a real-world example: Carteret Mortgage,

May 14, 2007 6:00 PM
No. 7
FAST CASH PAYDAY LOAN says:

My rich dad understood phobias about money

May 16, 2007 6:57 AM
No. 8
CASH PAYDAY LOAN says:

The seller also needed $70,000 cash to pay off his existing first mortgage $70,000 loan

May 16, 2007 10:32 AM
No. 9
PAYDAY QUICK says:

So most will spend the best years of their lives working for money, not really understanding what it is they are working for

May 16, 2007 6:08 PM
No. 10
PAYDAY QUICK says:

So most will spend the best years of their lives working for money, not really understanding what it is they are working for

May 16, 2007 6:09 PM
No. 11
PAYDAY QUICK says:

So most will spend the best years of their lives working for money, not really understanding what it is they are working for

May 16, 2007 6:09 PM
No. 12
CASH TIL PAYDAY says:

gov—government Web site for HUD, with dozens of articles about FH A investor loans

May 17, 2007 2:45 AM
No. 13
CASH PAYDAY LOAN says:

called a “fee,” to a vassal or other person for money or services

May 17, 2007 9:30 AM
No. 14
CASH PAYDAY LOAN says:

called a “fee,” to a vassal or other person for money or services

May 17, 2007 9:30 AM
No. 15
CASH PAYDAY LOAN says:

called a “fee,” to a vassal or other person for money or services

May 17, 2007 9:31 AM
No. 16
LOAN PAYDAY says:

At the same time, the applicant's The basic liability qualification requirement of conforming loan programs is that the applicant's income is strong For most owner-occupied loans, the borrower's projected monthly debt load should be less than 40% of the to pay off

May 17, 2007 4:04 PM
No. 17
FAST PERSONAL LOAN says:

Joint venture partnerships can be an excellent way to finance a real estate transaction, and they can be handled in a variety of ways

May 17, 2007 7:03 PM
No. 18
FAST PERSONAL LOAN says:

Joint venture partnerships can be an excellent way to finance a real estate transaction, and they can be handled in a variety of ways

May 17, 2007 7:04 PM
No. 19
FAST CASH ADVANCE PAYDAY LOAN says:

For more information, see the "VA and FHA Loans" article in the "Loan Programs" section

May 18, 2007 2:14 AM
No. 20
APPLY FOR PERSONAL LOAN says:

Freddie Mac does not 14: THE LOAN PROCESSING money market accounts, and so forth

May 19, 2007 6:23 AM
No. 21
APPLY FOR PERSONAL LOAN says:

Freddie Mac does not 14: THE LOAN PROCESSING money market accounts, and so forth

May 19, 2007 6:23 AM
No. 22
APPLY FOR PERSONAL LOAN says:

Freddie Mac does not 14: THE LOAN PROCESSING money market accounts, and so forth

May 19, 2007 6:25 AM
No. 23
APPLY FOR PERSONAL LOAN says:

Freddie Mac does not 14: THE LOAN PROCESSING money market accounts, and so forth

May 19, 2007 6:25 AM
No. 24
FAST CASH PAYDAY LOAN says:

The trend toward on–line loan services is A

May 19, 2007 2:06 PM
No. 25
FAST CASH PAYDAY LOAN says:

The trend toward on–line loan services is A

May 19, 2007 2:06 PM
No. 26
ADVANCE CASH says:

The construction rate and term vary This is the rate of the borrower’s actual end loan mortgage

May 19, 2007 9:31 PM
No. 27
ADVANCE CASH says:

The construction rate and term vary This is the rate of the borrower’s actual end loan mortgage

May 19, 2007 9:31 PM
No. 28
CASH TIL PAYDAY says:

During a period the length of which is fixed at loan origination (the graduation period), the monthly payment over the remaining term of the loan

May 20, 2007 8:33 AM
No. 29
CASH TIL PAYDAY says:

During a period the length of which is fixed at loan origination (the graduation period), the monthly payment over the remaining term of the loan

May 20, 2007 8:34 AM
No. 30
CASH TIL PAYDAY LOAN says:

The most common ways are simple interest and amortized

May 20, 2007 12:05 PM
No. 31
FAST CASH ADVANCE PAYDAY LOAN says:

Similarly, cash flows Fannie Mae, and Freddie Mac(Federal Home Loan Mortgage Corporation) MBSs

May 20, 2007 3:39 PM
No. 32
FAST CASH ADVANCE PAYDAY LOAN says:

Similarly, cash flows Fannie Mae, and Freddie Mac(Federal Home Loan Mortgage Corporation) MBSs

May 20, 2007 3:40 PM
No. 33
CASH PAYDAY LOAN says:

The 2-year/6-month ARM is primarily used by non-conforming loan programs

May 23, 2007 12:15 AM
No. 34
CASH PAYDAY LOAN says:

The 2-year/6-month ARM is primarily used by non-conforming loan programs

May 23, 2007 12:16 AM
No. 35
CASH TIL PAYDAY says:

TAKING THE LOAN APPLICATION • Application Accuracy – The loan officer has the opportunity to make a personal judgment of the borrower's character

May 23, 2007 12:58 PM
No. 36
Nbkvqpk says:
May 25, 2007 6:43 AM
No. 37
Nbkvqpk says:
May 25, 2007 6:43 AM
No. 38
Nbkvqpk says:
May 25, 2007 6:43 AM
No. 39
Nbkvqnx says:
May 27, 2007 3:54 AM
No. 40
Nbkvqce says:
May 28, 2007 1:44 PM

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