Former CNBC Reporter: GE CEO Immelt Meddled in Network's Editorial Coverage

Newsbusters ^ | September 13, 2010 | Jeff Poor

[sergeantdave]

GE will be a penny stock after the 2012 elections.

[Mobties]

I own a few shares of ExxonMobil (XOM), a company with a huge daily volume of stock trades, and I'm continually frustrated when watching the “tape crawl” of stock prices because CNBC rarely posts the XOM stock price, or seems to anyway. Am I the only one to notice this?

Could it be that NBC is charging companies to list their stock prices .... or worse, giving limited visibility to shares in companies that the Obama administration is unfriendly to?

[Chode]

do I really have to say it???

[CPT Clay]

Why am I not surprised.

[RJL]

"Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street."

The big money Democrats see all the money made on stock exchanges on Wall Street and have decided to similarly cash in using Obama to create their own big money Climate exchange and Health Care exchange.

These big money Democrats plan to make huge money using the power of government to force Americans to buy products at these new exchanges. They will get a little commission on every dollar that rolls through those exchanges. Those plans are currently driving national politics.

[SunkenCiv]

...the corporate heads at General Electric (NYSE:GE) would try to use their media holdings to portray President Barack Obama and his administration in a positive light in order to gain a corporate advantage. That's how former CNBC reporter and current Fox Business Network senior correspondent Charlie Gasparino explains it in his forthcoming book, "Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street."

Thanks Rufus2007. Charlie Gasparino

Google

[worst-case scenario]

Yes. This happens on both sides.

[mewzilla]

BTTT.

[mewzilla]

BTTT.