OLBERMANN, MADDOW, TIMES COVER FOR G.E. BOSSES
By Cliff Kincaid
December 7, 2010
In a “slobber alert,” a blog known as the “NYTPicker” called Sunday’s Times puff-piece story about GE a “wet kiss” that was designed to get the reporter, Steve Lohr, an exclusive interview with chairman Jeffrey Immelt.
But the Times is not alone. While excoriating Capitol Hill Republicans for insisting on an extension of current tax rates, which they call “tax cuts for the rich,” MSNBC commentators such as Keith Olbermann and Rachel Maddow are giving plenty of “wet kisses” to GE by failing to cover the unfolding scandal involving how Immelt used his high-level Obama Administration connections to collect billions of dollars from the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC).
GE owns media properties NBC, CNBC and MSNBC.
The blogger wrote that New York Times reporter Steve Lohr had “fallen prey to that classic corporate gambit—access to the CEO for an ‘exclusive’ interview, and a guided tour of exactly what the company wants the public to see, and nothing else. Beyond that, Lohr excluded from his epic piece the most recent—and damaging—public-relations blow to the company’s reputation: Thursday’s revelation that GE borrowed $16 billion from the Federal Reserve in the fall of 2008, well before anyone realized the depth of troubles with the company’s credit.”