From Broadcasting & Cable, by John Eggerton:
"Regardless of who wins Tuesday’s presidential election, Federal Communications Commission chairman Michael Powell is likely to leave his post next year — as soon as January if Sen. John Kerry (D-Mass.) prevails and names a Democrat to run the agency.
So, naturally, the rumor mill churning out speculation over Powell’s next stop. There is persistent talk he will be a candidate for president...of William & Mary, his alma mater in Williamsburg, Va."