May 01 2011


NBC’s Dodgy Coverage of GE’s $0 Tax Bill When General Electric paid no taxes to the U.S. government in 2010 on worldwide profits of $14 billion (New York Times, 3/25/11), the news was at first ignored by NBC, the network that GE owns 49 percent of. On cable’s MSNBC, also co-owned by GE, host Lawrence O’Donnell (3/25/11) did criticize his employer’s tax avoidance—but the much larger audience for NBC’s broadcast news was left in the dark, though Kathie Lee Gifford and Hoda Kotb on the Today show (3/24/11) found time to mention that GE was offering a special Prince William/Kate […]