Oops, GE’s shareholders are rebelling:
Just before GE re-elected board members, company brass were hit with questions from shareholders critical of an alleged leftward political slant at MSNBC.
Now, HollywoodReporter focuses on one of the attendants, Jesse Waters who is a producer on the “O’Reilly Factor,” but his questions were irrelevant in the grand scheme of things.
You see, all shareholders were dissatisfied with MSNBC’s clear bias. Even CNBC was criticized – albeit to a lesser degree. They asked questions about the meeting CNBC’s executives ordered a short while ago, in which reporters were reportedly asked to tone down the criticism of the new administration.
It will be interesting to see whether the rebels persist, or whether their discomfort was temporary, especially if the networks’ ratings go up. Since shareholders are often fiscally conservative, however, GE is wise to stop giving George Soros what he wants.
Keith Olbermann is not merely an embarrassment for any serious network, he is also someone who alienates businessmen and other investers – if you want them to buy your stocks, your should take their criticism serious.
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