What a surprise. Nightly News completely ignored two of the day's biggest stories. First, they didn't bother to mention that Standard & Poor's downgraded GE's credit rating from AAA to AA+ (GE is NBC's parent company). On the March 4 Nightly News, however, Brian Williams and David Faber spent two minutes praising GE, desperately trying to prop up GE's falling stock price. But tonight, NBC had nary a word about GE's downgraded credit rating.
Nightly News also "neglected" to mention Jon Stewart's drubbing of Jim Cramer and CNBC. According to the AP, "Jon Stewart hammered Jim Cramer and his network, CNBC, in their anticipated face-off on The Daily Show, repeatedly chastising the Mad Money host for putting entertainment above journalism...Stewart said he and Cramer are both snake-oil salesman, only The Daily Show is labeled as such. He claimed CNBC shirked its journalistic duty by believing corporate lies, rather than being an investigative 'powerful tool of illumination.' And he alleged CNBC was ultimately in bed with the businesses it covered — that regular people's stocks and 401Ks were 'capitalizing on your adventure'." Apparently, reporting on these stories would have been a downer to NBC's karma. I guess the Nightly News producers only want to think about good things. Like the Phish reunion.
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