I think that the report is most likely bullshit if it was true why aren't sites reporting TNA is being sued for Sexual Harassment you would think most wrestling websites would have this reported since its pretty big news that your President is stepping down and the company is being sued which is why I think the Sexual Harassment thing is bullshit. As for her stepping down or maybe even having less power it could be true it could be false.
I agree here that we dont' have the full story here and it would probably be everywhere if this was true, so as far as proclaiming it so, I'll wait.
As for the rumor that Bischoff might take over, I feared this happening since day 1. This would be a BAD BAD BAD thing for TNA. Yes, you could hope that EB has learned something since his days at WCW, but has he? Forget the checkbook stuff for a moment as I know we'll get the "he can't do that again" speech. He already has done that, but that's neither here nor there.
What I want to focus on is the other thing that doomed Bischoff from the beginning. Even as president, he wanted to be "one of the boys" and he palled up with the biggest stars. He still is buds with the legends who are roaming around TNA and as a lot of reports have stated about TNA already, the inmates are running the asylum again. The problem EB runs into is that people don't see him as an authority figure even if he is one. They see him as the boss who you can get what you want out of because he needs to be "boys" with the top guys. If there already is an authority problem, promoting Bischoff will not solve these issues. I'd rather see Hulk Hogan promoted than Bischoff in all honesty.
At least if you have Hogan as president, he might have some spine when dealing with people. Hogan needs to kiss no one's ass (except maybe tone down on kissing his own so much) and if he is over hiring his buddies, which it looks like he is, then he would make a much more suitable boss. Bischoff is a terrible idea and is the walking definition of "right place, right time". He was a major reason for WCW's demise and undoubtedly would, and might already be, promoting the same "inmates ruling the asylum" atmosphere that plagued WCW. TNA needs someone to take change and lay down the law, even if it pisses the wrestlers off for a little while. Get a drug policy in place, lay down stringent rules for employees, and get past this law breaking nonsense. Get tough and you get somewhere. Get Bischoff and his buddy-up self and you are going nowhere fast.