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Pastimes : CNBC -- critique.
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To: Rarebird who wrote (7763)4/29/2001 11:21:18 AM
From: Ted David  Read Replies (13) of 17683
 
I am always amazed by people who publicly state they feel GE has its nose in the newsroom.

I just began year 13 at CNBC and have NEVER, EVER been told what to air, when to air it, how to air it, who to interview, who not to interview, what to say or what to skip, who to "drill" and who to "ease up" on. This is also true for the 8 years I worked at ABC. Is is also true for the rest of my 32 year broadcasting career. I have NEVER been told a thing about editorial policy. EVER! Just get it right and get it fast is all any manager has ever wanted.

Those who have a conspiracy theory are gravely off base. If the deflator was 3.3% we had enough economists on Friday to mention that fact. Do you believe that we tell these people inadvance NOT to mention it?

Do you truly believe that the entire staff of CNBC, and ALL its guests are so dishonest as to be in cahoots to bury news some think might not be in GE's best interests?

We routinely ask our guests about stagflation and they say there is none. I have asked guests about gold.. recently. I spoke to Bill O'Neill at Merrill, and Phil Gotthelf at Equidex. Neither thinks gold has much if any upside.
That is not OUR opinion. The opinions come from experts.

Are we "molding" the news? Of course not. It just ain't so. Period. The conspiracy theories are just silly.

td
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