- Time to Boycott GE, Dateline, and NBC?

[Flabbergasted]

http://www.faulkingtruth.com/Articles/CommentaryToo/1028.html

- Time to Boycott GE, Dateline, and NBC?
by Mark Faulk

Think back with me for a second to the good old days, when news was news, and entertainment was relegated to....well....the entertainment programs. As the line between news and entertainment becomes increasingly blurry, and as news itself is influenced by politics and special interest groups, and as even the news agencies and networks are slowly but surely absorbed by Corporate America, it has become increasingly difficult to rely on the major networks to tell us the truth.

Never has this been better illustrated than with the NBC Dateline Stockgate story. Heralded as a story that could "blow the roof off of the Stockgate scandal", The Faulking Truth first broke the story of Dateline's postponement of the segment in June of last year, after discovering that it had already been postponed from it's original date of January or February. Um, that's January or February of 2004, not 2005. At the time, we were assured by reliable sources that the show would air "sometime in August". We chastised Dateline for airing fluff piece after fluff piece, while sitting on the story that has been called "the biggest financial scandal in the history of the world, with incurred losses estimated by some experts at well over $1 trillion dollars". This is from that article, entitled "Is Dateline Losing Credibility Over StockGate Story Delays?" at http://www.faulkingtruth.com/Articles/Investing101/1005.html :

The time for full disclosure is now. Dateline NBC owes it to the American people to release what information they have immediately, and if necessary, air a followup segment as the story continues to develop. As the Associated Press and rival CBS show 60 Minutes recently pointed out, "In one month, NBC's signature newsmagazine devoted some five hours of programming to the season finale of 'The Apprentice' and the series finales of 'Friends' and 'Frasier.' " If The Donald, Ross, Rachel, and Fraiser rate five hours of coverage in one month on what is supposed to be a major news show "bringing viewers compelling investigative reports", then surely the "biggest financial scandal in the history of the world" is worth a segment or two.

So....how did Dateline respond? They postponed the Stockgate segment again and again, leaving investors feeling used and abused by those who could have championed their cause and taken their case to a nationwide audience. Here we are, well over a year after the first proposed air date, and finally, FINALLY, Dateline scheduled the by now mythical story for April 10....this Sunday. Hallelujah! Justice, though moving slower than Father Time himself, would finally prevail. (Read "FINALLY! Dateline to Air Stockgate Segment April 10th" at http://www.faulkingtruth.com/Articles/Investing101/1022.html )

[Warpy]

1. I gave up last June

and will believe it only when I see it.

GE must've been waiting for a member of its board of directors to retire or some major player with ties to the parent company to retire, emigrate or die off before it dared run the story.

It's like the Fitzgerald investigation. I won't believe anything but damage control until I see it.