Friday, December 30, 2011

The Bain Of MSNBC's Existence

Politico's Playbook -- MSNBC's Morning Joe content provider and pimper of all things MSNBC -- buries the lede Friday, slipping in this little gem in the second to last paragraph.
Mike Allen's Politico Playbook
Allen left out this part of Byers's story:  We’ve reached out to MSNBC to ask why anchors only started disclosing the connection now, but have yet to hear back. But the connection certainly doesn't seem to be providing Romney with much favorable coverage:

“Mitt Romney`s history at Bain Capital is not going to help his image as a job creator,” Schultz said on last night’s show. “Now, we want to disclose that NBC Universal and Bain Capital are each a part owner of the Weather Channel. Bain Capital`s main business model is buying companies like American Pad and Paper and restructuring them. In many instances, Bain turned a profit by strip-mining these companies. American -- AMPAD is what it`s known. The stock was driven down and the company went bankrupt. They fired hundreds of workers along the way.”
Huff Post head

2 comments:

  1. Research, we don't need no stinking research.

    ReplyDelete
  2. How fitting, given the number of people MSNBC has left unemployed over the years.

    ReplyDelete