UPDATE: See my new posting, What Happens In HBO, Stays In HBO
Here is Chris Albrecht's memo to his HBO staffers this afternoon, more than two days after the chairman/CEO was arrested in the valet parking lot of the MGM Grand hotel around 3 a.m. Sunday for allegedly assaulting his girlfriend. Albrecht had been in town for the boxing match between Oscar De La Hoya and Floyd Mayweather Jr. which was broadcast on pay-per-view by HBO. The TV executive was arrested for suspicion of assault (a misdemeanor) and booked into the Clark County Detention Center until his release from jail Sunday afternoon. HBO chief operating officer Bill Nelson will be running the cable pay channel in Albrecht's absence:
"My colleagues and friends: I am deeply sorry for what occured [sic] in Las Vegas this weekend and for any embarrasment [sic] it caused my family, the company I love, and myself. While I am not at liberty to discuss the incident as the district attorney and my lawyer are still determining the facts, it is my hope to do so in the near future. 
This weekend was a wake up call to me of a weakness I thought I had overcome long ago. I had been a sober member of Alcoholics Anonymous for thirteen years. Two years ago, I decided that I could handle drinking again. Clearly, I was wrong. Given that truth, I have committed myself to sobriety. I intend to take a temporary leave of absence from HBO effective today, in order to go back to working with AA. Leading this company is a great privilege and I pray that I can continue to do so in a manner that brings honor and pride to this remarkable organization and its remarkable people. Thank you for your understanding during these difficult hours, I will not let you down again. Chris"
