Saturday, September 24, 2022


March 31, 2011 by · Leave a Comment 

NBC News is being taken to task for failing to mention on its nightly newscast the disclosure that General Electric, which earned $14.2 billion in worldwide profits last year ($5.1 million in the U.S.), paid nothing in federal taxes. Late-night talk-show host Jon Stewart was all over the omission earlier this week, and the Washington Post asked today (Thursday), “Did NBC’s silence have anything to do with the fact that one of its parent companies is General Electric?” The Post quoted an NBC News spokeswoman as insisting that it did not. “This was a straightforward editorial decision, the kind we make daily around here,” she said. But the newspaper quoted Peter Hart, director of the liberal media watchdog group Fairness and Accuracy in Reporting (FAIR) as saying that NBC has covered similar stories of corporate tax avoidance in the past. “Imagine if a different company were involved. If you changed the name to Citibank or Goldman Sachs, would NBC be interested in the story then? I suspect they would be.”