Reply #6: Many people forget, GE has a fiduciary obligation to its shareholders [View All]

[Atman]

To MAKE MONEY for them. Technically, legally, if GE were to allow its news division to report unfavorably about the war in such a way that it would lose contracts and share value, it could in fact be sued by its shareholders for breaching its charter, which is, again, TO MAKE MONEY FOR ITS SHAREHOLDERS. GE is not in the business to "bring good things to life." It is in the business to MAKE MONEY. It can hardly be expected to make money by saying bad things about itself.

This is a pretty basic fact that seems to be lost on many if not most.