GE Shareholders Meeting: 'The Crowd Was Very Upset With MSNBC'

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UPDATE: Audio of crowd booing GE CEO available here.

General Electric held its annual shareholders meeting Wednesday, and attendees apparently were very upset with the increasing leftward tilt of MSNBC.

According to the Hollywood Reporter, during the question and answer phase of the meeting, shareholders repeatedly brought up the company's far-left leaning network, and often had their microphones turned off as a result.

Here are highlights from the THR report (link loading slowly due to appearance at the Drudge Report):

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Things got testy Wednesday at the GE shareholders meeting courtesy of several complaints about political bias at its media division, NBC Universal. [...]

First up was a woman asking about a reported meeting in which Immelt and NBC Uni CEO Jeff Zucker supposedly told top CNBC executives and talent to be less critical of President Obama and his policies.

Immelt acknowledged a meeting took place but said no one at CNBC was told what to say or not say about politics.

During the woman's follow-up question, her microphone was cut off. Later, during the umpteenth question about MSNBC, another shareholder's microphone was cut, according to multiple attendees.

"The crowd was very upset with MSNBC because of its leftward tilt," one attendee said. "Some former employees said they were embarrassed by it."

One specific complaint about MSNBC concerned Keith Olbermann's interview of actress Janeane Garofalo, who likened conservatives to racists and spoke of "the limbic brain inside a right-winger."

"They were upset that Olbermann didn't bother to challenge her," one GE shareholder said.

Immelt said he takes a hands-off approach to what is reported on the company's news networks, which prompted a shareholder to criticize him for not managing NBC Uni effectively.

"My biggest surprise was the open hostility to MSNBC," another shareholder said. "It was noticeable and loud. I don't remember any of this going on last year."

Makes you wonder if anyone on the board of directors is paying attention.

Stay tuned.

—Noel Sheppard is the Associate Editor of NewsBusters. Follow him at Facebook and Twitter.


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Nice

Ah this is like music to my ears except the part about the mics being cut off. I would like to know who or what cut them off. The funny thing is that I keep hearing rumbles of "I can't believe Olbermann didn't challenge her......"   Really? Does anyone really expect the worst news anchor on television to challenge a liberal loon like he is? I for one was not suprised one bit. Now I wonder if MSNBC is going to make some changes or not. Either way I would never watch that joke of a news station even if they did change. The damage has been done.

 

 

"My mom was a crackhead and my dad wasn't around, not to mention I only make 14.00 pr. hr. I still do not want a hand out and i'm fed up with all the liberal cry babys." -ME

Agreed! and yet do you think this will change the CEO's mind or

course of action one iota? 

Probably not.  They will have to can him for that to happen.

GE better buy a clue

as it needs to learn quickly that customers are flying
away from the hate speech featured on MSPMS.

i.e.
How does a personality have "worst person in the world
segment," that actually is just a hit piece on some of this
country's leading citizens?  To those who decry the tone or
anger of today's debates, one only need look at the show
that has a worst, worser, worst person segment--and learn it
features Americans....
Unbelievable.

No kidding! Imagine that: NBC going against its . . .

 . . .stockholders.

Maybe, just maybe, Matthews', Olbermann's and Maddow's days, among others, are numbered?

I don't think so

this seems like a 'profit be damned' push.  They hope to gather up all the little gubbermint created green jobs created by their propagandizing.

I love to help the helpless but I'm not gonna help the clueless   ~Dennis Miller

profits be darned

They are just trying to corner some kind of market. Most conservatives and a good bit of independents are loyal to Fox, so instead of trying to lure people back by copying Fox's product they figure they might as well settle for whatever audience remains. Too bad they didn't realize CNN and the three big networks were doing the exact same thing.

Just picture five monkeys fighting over four bananas, and that's the MSM.

Pity they're not smart enough to see that. We should feel bad for them, really.

I so like your theory, candance


Just picture five monkeys fighting over four bananas, and that's the MSM.

I have to disagree...

You are way off. I am almost offended. Five bananas? With what is left over from Fox, it's more like two bananas!

Real Peace is not the absence of conflict, it is the presence of justice.

Smart is as smart does

“Pity they're not smart enough to see that.”

What’cha mean? Don’t you know that Liberals are “smart” by their very own definition of the word?

Impunitas semper ad deteriora invitat.

Right, ktk

'Profit be damned' indeed.  What most of the media hopes for is for the gov't, under The One, to bail out the media.  After all, without the media's wide diverse views, our society will crumble.

If you think the media is biased against conservatives now, just wait until they are paid by and serve at the behest of a Democrat House, Senate, and President. 

Re green jobs

That's the perversion and corruption angle here. The potential profits and revenue to GE from BFO's green bills are far greater than any losses on GE's media operation. This could make Feinstein's scam with her husband look like pocket change.

The bailout of GE's financial operation might even be seen as BFO's little hint of great things to come, if they tow the line.

it might be

borderline tinfoil hat material but I think there is a monetary reason GE wants to back the lib left.  The fact that FOX television (not news) is hitching a small green pony to their bandwagon says there is some scrap of truth to the writing on the wall.  But they still play most of their cards on the News side of the table.  I simply don't trust the major news media anyway.  Follow the money.  GE has a huge stake in smart grids and clean energy.

I love to help the helpless but I'm not gonna help the clueless   ~Dennis Miller

I doubt it.

I believe everyone's safe with these 2 clowns in charge.  I'd love to know what kind of blackmail pictures Olbermann has of these 2, that's the only way he could get away with what he does.  

Election 2008-God's way of showing us that elections count.  

Turning off the microphones is exactly what the left does!

One day people will wise up. I hope it's not too late when that happens. 

"DumbAssity of Dope"

Will they do anything?

I'm certain the GE executives, NBC and MSNBC executives were listening. The next question is: Will they do anything about the problem? Probably not. But I bet they listen to their accountants.

GE is Big Financial News

Therefore, will CNBC report on the shareholder Q & A?  I know the answer, but it's a fun question to ask.

maria, during closing bell...

asked the on-scene correspondent (Mary Thompson), about this issue, and she reported on the 'left wing' leaning of MSNBC for about 5 seconds.

 BTW, If my mic were cut off, I would just have started yelling...'can ya hear me NOW' ???)

→ Hey Immelt!

Looks like you take a hands off approach to just about everything.

Thus far, shareholders can vote with their money, but we all know you're more than happy with GE's path to Nnationalization.  Never have to worry about exhorbitant cost-plus costing again.

Obama - A whole new dementian

...

"...often had their microphones turned off as a result."

Yeah, that sounds like liberals.  No dissent.  No disagreement.  No difference of opinion.  Ironically, no questioning of authority.  Come to think of it, I haven't seen a "Question Authority" bumpersticker on a liberal's car in a while.  Hmmm.  Guess they dropped that now that they own the government.

Great minds think alike and all that

I was thinking about those bumper stickers just yesterday. I sure wish I could find some for my college-student grandchildren to remind them to do the same regarding our left-wing government.

Chai

“...Bury me on my face,” said Diogenes; and when he was asked why, he replied, “Because in a little while everything will be turned upside down.”

GE's Anti-American Politics are costly.

Eventually the shareholders will figure out how much this arrogant asshat's politics are costing them.  For me purchasing a product with the GE logo is supporting the destruction of America.

I love it!!  Americans are

I love it!!  Americans are speaking up.  Maybe GE isn't listening, but as more and more people speak up, we will be heard. 

They must have been conservatives complaining since there are no reports of obsenities being screamed. 

 

His Master's Voice

Remember? GE bought RCA corporation, whose trademark was Nipper, the dog listening to "His master's voice" on the grammaphone.

GE needs to get back to that era, and listen to its masters voices -- shareholders who don't want to be associated with the likes of MSNBC.

___________________________________ 

The challenge is to follow a consistent plan despite inconsistent prices - Sarah Palin, State of the State of Alaska speech

BOR?

I was surprised that BOR didn't cover this tonight. Perhaps it is still being packaged and will show up later this week. You just know he will play it up.

msnbc isn't going to change

msnbc isn't going to change anytime soon...but what I want to know out of all of this, is the producer for BOR that has a share that was there that went outside and turned the Fox cameras on interviewing other stock-holders after they came out of the meeting is going to be showed on BOR....

Oh how rich would that be!!?!

Well, that is if anybody talked like they did inside.

Doubling down on stupid is not a particularly good idea. ~Andrew Breitbart

Glad to

Glad to hear the shareholders finally speaking up.  However, GE is being bailed out by the Obama administration.  Not sure if anything will change, but I am still glad Immelt (who claims to be a Republican) got confronted on it.

http://www.washingtonexaminer.com/politics/Obamas-hidden-bailout-of-General-Electric_03_04-40686707.html 

 

mfl... Yep bail-out, I

mfl...

Yep bail-out, I forgot to mention that little item...and Immelt is as repub as Gergen is.

Doubling down on stupid is not a particularly good idea. ~Andrew Breitbart

Look at the evidence

Yeah, as I recall, Joseph Wilson claimed to be a Republican too.

Does a Chicago politician "bailout" his opponent??

Does a bear...

Impunitas semper ad deteriora invitat.

The demise of MSNBC

The plain fact is that the future of ANY television program is determined by ratings, Pure and simple. The pathetic ratings numbers being generated by Olbermann, Maddow and Matthews, not to mention Larry King and others means that they will eventually disappear, just like Grodin, Donahue and Schuster did earlier. No matter how much of a left wing boob the NBC chief is, he cannot continue much longer with these embarrasing "journalists".

So why don't they just vote this guy out?

So why don't they just vote this guy out? They aren't. They complain but are they doing anything? Are there that many shareholders that have no problem with Immelt running the place into the ground?
Does anyone really believe Immelt takes a hands off approach to MSNBC and CNBC? Would you call cutting the speakers microphones a hands off approach to a shareholders meeting?
TSF Protests!

The Board Of Directors would have to vote him out, and...

and the members of the board or at least the majority of them are beholding to Immelt.   He either placed them on the board (his legal right to do so) or else they owe him favors.

It would take someone owning at least 8% of the stock to force a move on the Board.

Jack

"If at age 20 you are a conservative then you have no heart.  If at age 30 you are a liberal then you have no brains."   Sir Winston Churchill

Prime time TV logos

Just a little observation here, but have you guys noticed that of the Big Three networks, with Fox, CW, and MyTV included, only NBC shows their logo on the left side of the screen?

How telling.

Off topic:

Is anybody, other than me, getting email failure notices when using the "Contact Us" link on the main page?

Start each day with a smile, then get it over with. - W.C. Fields

Boycott GE

“Immelt said he takes a hands-off approach to what is reported on the company's news network…”

Oh sure, that sound convincing, especially when just a few moments earlier a  stockholder "asked about a reported meeting in which Immelt and NBC Uni CEO Jeff Zucker supposedly told top CNBC executives and talent to be less critical of President Obama and his policies."

Less critical???  Is that even possible?  But was that the line Immelt took? No.

“Immelt acknowledged a meeting took place but said no one at CNBC was told what to say or not say about politics.”

Does this sound Clintonian, or what?  What this means to me is that Immelt is quite satisfied with the way things are at MSNBC. And if a significant chunk of the country does not like it, well that’s tough.  If Immelt were not happy with MSNBC’s blatant bias, a) he is ultimately responsible for it, and b) he is at meetings where he could do something about it.

Evidently Immelt is a liberal – it would be redundant to call him a lying liberal – in addition to being a plundering CEO.  (Immelt’s salary last year was $3,300,000.00; his total take, er compensation, was $14,096,603.00.)

I say boycott GE.

Impunitas semper ad deteriora invitat.

Immelt Salary

I haven't seen those figures on Immelt. If GE's financial arm got a bailout, why isn't GE subject to the usual salary and bonus caps that the other bailout victims are?

NEEDLE...

You are exactly right, in the end, the best thing to do is to never buy ANYTHING from Gov't Electric. No washers, no dryers, no dishwashers, no digita cameras(why would you buy anything except Canon or Nikon?), no CFL lightbulbs, & if you are one of the very richest 1% & are buying a new private plane, go with the Rolls Royce engines rather then the GE.

My advice to all NBers, piss on GE & don't buy ANYTHING from them. They are a dishonest company who does deals with enemies (Iran) of America & runs the most dishonest, hatefull, & biased news operation available on your cable/satellite lineup today. At least XM pulled MSNBC from their lineup years ago. Horray.

 

"The Fairness Doctrine = Jim Crow laws for Conservatives".  Jim Quinn from "Quinn & Rose"

A 100 watt job

Could that GE lightbulb finally be starting to switch on? I hope it's an incandescent bulb. The light spreads a  lot quicker than those green monstrosities. 

metaphorsbwithu

Seems as if the board thinks

Seems as if the board thinks the job of shareholders is to shut the eff up and give up their money and profits. They should all be good, obedient little marxists and follow the savior as they are damn well told. Immelt will sell his company, mother and or soul if there is power in it for him.

Again, Immelt Dodges A Bullet

As much as we might think that perhaps GE shareholders were really sending a message, the fact is, Jeffrey Immelt, Keith Sherin, jumped on their corporate jet, and laughed all the way back to Fairfield.  This company has been totally skunked by Immelt; him and his executive team are a failure, and the Board has decided it's the eonomies fault, not there's.  It will become a Harvard Business Review case study, in how a company built to span the world, be diversified, be the epitomy of managment and financial expertise, was driven into the ground by a team of greedy executives who are more concerned with how they can reprice stock options to protect their wealth, then the protecting the shareholder's value of the company.  Jeff Immelt, and Welch before him, is enamored by the entertainment side of the business.  Yeah; he's hands off alright; so hands off he feels no obligation to protect the image and integrity of the company, no matter the depths of stupidity MSNBC drags it.

Get a grip everyone if you

Get a grip everyone if you think for one moment that the Inmelts of this world are going to listen to a bunch of disgruntled investors, no matter what the topic.  Stock ownership is so diluted in most large corporations today that management simply doesn't have to listen to anything shareholders have to say and they don't.

If you don't believe me, take a look at the chance of getting investor issues before and then passed at an annual shareholder's meeting.  It just doesn't happen.

If you have heartburn with what is being said and done on MSNBC your best recourse, besides simply changing the channel, is to write to the advertisers and tell them why you are not buying their product(s).  Corporate types like Inmelt listen to advertisers.  They always have.

I'll stop the world and Immelt with you

Immelt, you're a dope.  There are plenty of ways of moderating what the rabid libtards in your company spout without changing their viewpoint.  But don't take my advice for it.  I want to see you, MSNBC and everyone in GE FAIL. 

 

"Please get your facts right, then you may distort them as you please"  -Mark Twain

"Proud Member of the Vast Right Wing Conspiracy"

GE

Well, Well, Well. Their ARE shareholders who recognize the value of their investment is being torpedoed by the left slant of the companies management. ARE YOU LISTENING NY TIMES STOCKHOLDERS.

If they are smart, they would insist that they change direction or get the board to throw the CEO out.

All we ask is for the media to be fair and balanced, I guess that is to radical of a concept for some.

You can rant and shout all

You can rant and shout all you want at city hall but if the elected offcials think they have the majority of voters on there side then you might as well be speaking to a wall. But a shareholder meeting is a whole differnt ballgame. Investors are not just another vote. Their money is the lifeline to the company. Hopefully there will be more publicity about this particular meeting. Who knows, it could lead many investors to withdraw their money from GE with the warning they aint comming back until GE wises up.

And Now the Bad News

The left is now sending signals that they will do whatever it takes to save the newspapers, and who is this hero of the mainstream media???? None other than Mr John Kerry, the big Viet Nam War hero, from Massachusetts, you know the state where all the Libs vote for anyone who's name ends in "Y".

Once the hero accomplishes this feat at our expense, the media will be so in the tank of the left we will never get the truth.

How ironic to censor shareholders.

They need to ler Olbermensch run the place.

And it probably won't be a direct bailout

All of a sudden fishwrap "readership" (sales) will miraculously jump as the guvmint does an ole "buy and dump" program. That way advertisers will still think that the printed news is a viable source. Of course, actual readers will keep on sinking.

"It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt." Mark Twain

Wonder if ACORN has tour

Wonder if ACORN has tour buses going past Immelt's and Soros's house?

Oh, that's right, they're Liberals, so they're greedy Capitalist types who are exempt from harrassment.

One of the 34% who thinks George W. Bush was a great President. One of the 61% who wants to bring back the stock and pillory (yep...approval for Congress now at 39%...do you believe that!?).

RR...Speaking of going

RR...

Speaking of going by houses....where was ACORN when it came to Freddie Mac/Keller today?

I am not being heartless when it comes to the dead...the heat was coming down, funny how some of these people end up dead.

Conveniently.

If this was Enron this would be huge news all day and week long, how could anyone forget.

Yet now, there is silence.

What a difference a party label makes.

Doubling down on stupid is not a particularly good idea. ~Andrew Breitbart

Bigtimer-Very sad about

Bigtimer-Very sad about this man-suicide always is...but now we have to wonder if it was connected to Freddie Mac, and if so...?

If there gets to be 'Arkancide' stuff going on, then I'll be more suspicious...but, hey, the Klingons got away with it, so I guess that would certainly embolden The One and the badasses like Rahm Emanuel.

Still, in this environment (being rather different than in the '80s and '90s) they have the power to refute, spin and cover up anything they want and the fawning sheep that are polled will remain oblivious.

So, Vince Foster-type stuff may not even be necessary.

Ah, but the night is still young, so who knows?

One of the 34% who thinks George W. Bush was a great President. One of the 61% who wants to bring back the stock and pillory (yep...approval for Congress now at 39%...do you believe that!?).

Heck RR...there were so

Heck RR...there were so many connections to this with the old Clinton Machine and still on-going with the O machine it isn't funny....Rahm, Gorelick, Robinson, Frank, Raines...on and on...

Think what happened to the day McDougall was supposed to testify against the Clintons with WW in Arkansas just convenient found dead in his cell that morning...Foster, Brown, all were to testify, I could go on and on...

I'm leaving it at that for the night...(I think) hehehee..

Doubling down on stupid is not a particularly good idea. ~Andrew Breitbart

Folks, hold on...

This is not the Clinton Machine, they were amateurs!

This is the Chicago Machine.  Real gangsters.  Real connections.  Real Mayor Daly.  Real dead voters.  Real mafia.  Real kickbacks.  Real union thugs.  Real killers. 

No, Clinton is already a casualty of the Chicago Machine, but she is a useful idiot, so she's being kept around.

Don't think for a moment that this current crowd are as inept or clumsy as the Clintons were when it comes to behind the scenes politics and thuggery. 

The only reason you see any of the bungling in the Obama Admin today is that they don't care.  They're gangsters.  They don't sweat the small stuff, they are taking what they want behind the scenes, they are arrogant, they are devious, and they know it is almost impossible to stop them...

We have to become the impossible, i guess.

 

 

retro... Great post and

retro...

Great post and points, but please don't think some of these very same thugs from Chicago and elsewhere, including Soros weren't very much working with them either behind the scenes, just some came on board a little bit here and a little bit there as time went on.

...and you are so right, we the people do have to become the impossible...and they are trying to squelch that right off the bat...it is and has been and will continue to be more than obvious.

Doubling down on stupid is not a particularly good idea. ~Andrew Breitbart

Good Point, bigtimer...

But i do believe that escalated from an Arkansas small time mentality to a Chicago mobster mentality with the current admin ;-)

Agreed, but it became more

Agreed, but it became more inclusive with Hill at the wheel...know what I mean?

Of course all the work she did with her behind the scenes scheming, money, connections came back to bite her in the end, still they all are intertwined.

Doubling down on stupid is not a particularly good idea. ~Andrew Breitbart

Blame it on TEA Baggers

I'm sure the disgruntled folks at the GE shareholders meeting will be branded part of some plot by the evil FOX news to undermine the sterling leadership of Jeff Immelt. Perhaps the disgruntled will be branded as tea baggers with to much time on their hands. This would give Rachael "the Schnozzola" Maddow  a chance to use her favorite two words-tea baggers. Keith Olbermann will no doubt blame the unrest on Bill O'Riley. That will lead to another of Obee's pusillanimous redundant soliloquies. It's simply pathetic.

but what will the

but what will the shareholders do about it?

will they elect a new board, a new CEO?

 If they don't and the government gives them a 'bailout' then the government will choose the board and CEO. Do they think that would be an improvement?

Sorry to interrupt all of

Sorry to interrupt all of the NB revelers dancing merrily on the grave of GE, but despite highly vocal investors parroting the same progaganda peddled by Fox News blowhards over the past couple of years, the major drag on General Electric stock is not the leftward shift or declining ratings of MSNBC, but rather concerns--both real and imagined--about GE Capital and whether it can survive the financial storms which have battered other credit institutions during the continuing economic crisis.

That said, I am all for more ideological diversity at MSNBC and regret the elimination of programs formerly hosted by conservative pundits.  And if this outcry from shareholders facilitates a reintroduction of conservative voices, then I would consider it to be a positive outcome.

Jer

Jer,

I agree but would like to add the increased cost, varying degrees of ROI and projected long term problems of the hard drive toward green technologies and the associated advertising may be making the GE stockholders a bit nervous as well.

A person may be won over with logic and reason but the masses must be bought with spectacle and platitudes. - 2008 Elections

Silencing dissent is very liberal

This is what liberals do. They silence anyone who disagrees with them. They cut off mikes, they interrupt speeches, they harass people at their homes, they threaten, they lie, they slander.

**bloggerguy00001

I've noticed that.  Whenever I see a protest where it is liberals being angry about something, there is normally a lot of profanity and violent actions (pushing/shoving).  Remember the latest G20 Summit...?  Yeesh!   

Yet, when it is a conservative protest, there is a real lack of nastiness on the parts of the protesters.  I was curious to see if any one of the TEA Parties might have some violence- and they didn't.  And we all know that the MSM was waiting so eagerly to film it if it happened anywhere.  It would have been all over the news.  Yet no violence.  Peaceful protesting, conservative style.

I think maybe I should go to a local Planned Parenthood, sit by the receptionist's desk, and when the phone rings, just take it out of her hands and tell the caller they should really not kill their baby.  And do this until eventually they have to turn their phone off.

Or I could tear up their pamphlets and utter obscenities against them and finger-point.

Nah.  Then I would be behaving like a liberal, (and I would be forced to hate myself).

 

"Tell your liberal mom that I told her it was over between us, and to stop sending me money and nude photos."

Shareholders should be upset about failures of NBC, MSNBC etc

GE shareholders should be upset about the failures of the NBC Universal division of GE.  All of the network offerings are in last place in a small field.  The cable networks are losing money because of content.  That content is decidedly left leaning and favorable to the President.  As a shareholder, I would insist on a change in strategy.  That would mean they might consider more balance in their news coverage.  Not going to happen with Imelt and Zucker.  Too bad for shareholders who are losing money on devalued shares because of the political leanings of senior execs at GE.  Keep it up guys, shareholders aren't as stupid as the small number of liberal viewers on your cable networks.  They will take their money and run if they know what is good for them.

Make sure you read the tone of the article

The author of the report, Paul Bond, opened with this:

"The hostility between Fox News Channel and MSNBC reached a fever pitch Wednesday when a Fox producer infiltrated the GE shareholders meeting."

His other comments include:

"Waters apparently did not publicly identify himself as a Fox employee."

"....Waters has built a reputation as an ambush interviewer"

What Bond convieniently omitted from his story is that Jesse Waters is a GE SHAREHOLDER who had every right to be there and ask questions. Bond is just as stilted as MSNBC.

 

"On the Eighth Day God Created the United States Army and the Devil Stood at Attention"

Would love to see GE dump this trash...

I would love to see GE dump these networks and focus on being a technology company again.  Alas, it won't happen.

Look, GE is a big company.  We can't avoid them.  However, whenever I have a choice between a GE product and something else, I purchase/use something else, even if it costs more.

Of course one consumer like me can't really hurt their bottom line, but I feel better.  An there is no way, NO WAY, I'll own GE stock.