Better yet. GE stockholders need to be asking why they’re throwing money down that hole to begin with. Seems to me that they should expect GE to actually make money for them.
Exactly right...
This is the part of this that makes no sense whatsoever. Olbermann and Matthews are consistently outdone by Fox News, yet the stockholders haven't seemed to have rolled up their sleeves and figured out the obvious reason.
You'd think that savvy investors would follow the television news market and notice that they're losing market share (and money) to Fox News because of their network's utterly left-wing bias.
We see the same refusal to face reality with the print media. Nearly every big daily is collapsing because of their strident left-wing bias, but their stockholders are not forcing them to come to grips with the actual market conditions, and make sensible changes.
It's just unbelievable.
From the shareholders, to the executive staff, to the news rooms, they'd all rather lose their shirts and go broke, than to face the truth.