What’s the frequency, Kenneth?

“What’s the frequency, Kenneth?” is your Benzedrine, uh-huh - REM
So what does Time Travel, a hit song and the nightly news all have in common? It’s the frequency, the frequency Kenneth…
On a crisp October evening in 1989, veteran CBS news man Dan Rather was strolling along Park Avenue on route to his apartment, when he was accosted by two individuals. The two men attacked Rather from behind, and when he tried to walk away, he was punched and knocked to the ground. The attackers then chased Rather into a building and kicked him several times in the back. While Rather retreated into the fetal position, and was pummeled by the two men, they repeatedly yelled a seemingly nonsensical question at Rather.
“WHAT’S THE FREQUENCY, KENNETH!” over and over was this phrase repeated. Was Rather the victim of mistaken identity? If so, why would a “frequency” be of any use to a common mugger? And no money was taken?
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