Friday, April 30, 2010

Jeff Zucker & the NBC Peter Principle

Ex-CNBCer now Fox biz's Charlie Gasparino gets his hot hands on a NBCU bond
prospectus outlining NBC's $223 mil loss on the Olympics and on Leno's switch, and rats on NBC and Jeff Zucker.

"The big winner, NBC president Jeff Zucker!"

Charlie: "According to this prospectus [$5 bil bond deal], ironically Goldman Sachs was the lead underwriter... if you start adding this up he [Zucker] could be making up to $23 million."

After they lost 34 percent? 

Zucker's base salary in his contract ending 2013 - $6.3 mil. Minimum  bonus $1.5 mil.  2 mil and 4.5 mil a performance bonus. He could get 200% of his salary under some other thing in his contract.

Watch Charlie's NBCU revelations here.

So Zucker is rewarded for losing?  I'm not getting it....  Whose dick is Zucker sucking?

The Huffington Post is reporting seriously that Zucker is considering a political career.  Zucker told the Washington Post's Howard Kurtz he'd probably get less media scrutiny running for offce than he gets running NBC. Au contraire, my political naif!

As a former campaign old hand, let me assure you that Zucker has zero chance of winning if he decides to run for bailing Dem Sen. Chris Dodd's Connecticut seat.... Jeff's ego's talking. Chutzpah to the max.

CNBC's Larry Kudlow has made noises about running as a Republican.  If both won their parties' nominations, wouldn't that be a fun face-off?  Zucker v Kudlow.

10 comments:

  1. he must be blowing jeff immelt. they are both destroyers of wealth.

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  2. He's blowing somebody of import.

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  3. It's because they all have something on each other, and they all know that if one of the dominoes fall - they all fall. Are they hoping that Comcast isn't an involved partner/silent partner? Good luck with that.

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  4. under immelt and zucker GE stock has dropped 50% in value and the dividend has been cut yet both continue to bleed stockholders dry with excessive pay and bonuses. sometimes capitalism can be a sick thing. and where the hell is the board of directors. they both should have been canned 2 years ago.

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  5. Eeuuuuw! The specter of Jim's sex act is repulsive.

    Zucker's short and Olbermann is, what, six-four?

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  6. KO is short and fat, abt 5 foot 7. he's gained 40 pounds since inking the 7 mil/yr deal

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  7. I thought KO was 6'4". I read that somewhere. No?

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  8. Most of the websites I've seen list KO at 6 feet 3 and a half inches.

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