Media Blog

GE’s Bailout and Olbermann

Just saw this on U.S. News & World ReportThere’s a new petition asking Keith Olbermann to give back his extra $3.5 million in compensation, in light of the fact that GE is taking bailout funds:

While General Electric, the parent-company of your MSNBC network, was negotiating a $126 billion taxpayer-funded bailout, you signed a new contract raising your salary from $4 million to $7.5 million annually. You have used your show as a platform to call for the resignation of corporate executives accepting excessive bonuses on the backs of taxpayers who are picking up the tab for these atrocious bailouts, yet you yourself have no problem engaging in the same “class economic rape” that you access them of.

Please heed you own advice and stop accepting taxpayer money to subsidize your nightly diatribes. Resign or return the balance of your excessive raise to the U.S. Treasury.


The Latest