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Originally posted by projectvxn
reply to post by sonnny1
Meh, these guys don't get under my skin.
But I am aware of their epic stupidity and lack of manners and decorum.
I am keenly aware of their demagogic behavior, and I usually take it with a grain of salt.
The agenda is in full swing,and has been that way for the last 20 years.
Interlocking Directorates
Media corporations share members of the board of directors with a variety of other large corporations, including banks, investment companies, oil companies, health care and pharmaceutical companies and technology companies. This list shows board interlocks for the following major media interests:
www.fair.org...
Comcast Corporation (Nasdaq: CMCSA; CMCSK) and General Electric (NYSE: GE) yesterday closed their transaction to create a joint venture...
The new company is 51 percent owned by Comcast, 49 percent owned by GE,...
J.P. Morgan was lead financial advisor to GE with Goldman Sachs and Citi acting as co-advisors....
blog.comcast.com...
President Barack Obama announced Friday that General Electric (GE) Chairman and CEO Jeffrey Immelt will chair the President's Council on Jobs and Competitiveness.
The new council was to replace the Economic Recovery Advisory Board... www.rawstory.com...
...Immelt, who will now have the president’s ear in an advisory role, has consistently supported the same failed trade policies that have cost America millions of jobs. As the leader of one of the world’s largest companies, he has been at the forefront of the outsourcing movement.
“You would have difficulty finding a company that has outsourced more jobs and closed more American factories than GE,” Scott Paul, Executive Director of the Alliance for American Manufacturing writes. “While they have slashed their American workforce to fewer than 150,000, GE has dramatically expanded its global presence, now employing over 300,000 workers worldwide.”
www.economyincrisis.org...
India is exciting for American businessmen today: Jeffrey Immelt, Chairman & CEO, GE
ET Now caught up with Jeffrey Immelt, Chairman & CEO, GE, for his views on a number of issues, including the significance of 200 American CEOs landing on Indian soil, outsourcing and GE's plans for India.
Excerpts:
What's the significance of 200 American CEOs landing on Indian soil, exploring the big Indian market once again?
...I am a globalist. So I am a big believer that basically it is a win-win game of global trade. But strategically for the United States, a great relationship with India is a real prerequisite and very important and I believe the President sees it the same way.
If you were to think as American Inc and not just GE's head, what is it that American CEOs today can give India?
The biggest need that India has from an economic standpoint is infrastructure. That is something that the United States and companies like GE can really invest in - both in technology and also in financing and capital markets and things like that. In so far as that is the main trigger that can really sustain the growth in India, we can offer that.
Beyond that, we are good partners. The American business people, America Inc, have been good partners to global business leaders for generations....
articles.economictimes.indiatimes.com...
GE is a model for what’s wrong with corporate America these days, writes Shahien Nasiripour at The Huffington Post. It’s a company “that’s hoarding cash, sending jobs overseas, relying on taxpayer bailouts and paying less taxes than envisioned.”
On the issue of shipping jobs overseas, GE’s actions are particularly glaring. The company regularly tops the list of transnational corporations ranked by the size of their foreign asset holdings, as it receives more of its revenues and profits from abroad than from its U.S. operations. Also, the majority of its 304,000 employees are based overseas.
Between 2005 and 2009, the U.S. employee share of GE’s total workforce dropped from 51% to 44%. In 2009 and 2010, GE shuttered 28 manufacturing plants in the U.S.
Dave Lindorff at This Can’t Be Happening says GE “is not an American company. It is a foreign company that happens to be headquartered in the U.S.” www.allgov.com...
...Before joining Comcast, Mr. Burke served with The Walt Disney Company as President of ABC Broadcasting.... Mr. Burke serves on the Board of Directors for Berkshire Hathaway Inc. and J.P. Morgan Chase & Co....
...Michael J. Angelakis serves as Chief Financial Officer for Comcast Corporation...
Prior to joining Comcast in 2007, Mr. Angelakis served as Managing Director and as a member of the Management and Investment Committees of Providence Equity Partners, one of the leading private equity firms investing in communications and media companies around the world. Before joining Providence Equity Partners in 1999, Mr. Angelakis was President and Chief Executive Officer of State Cable TV Corporation and Aurora Telecommunications, LLC. He also served as Vice President at Manufacturers Hanover Trust Company in New York, where he oversaw one of the bank’s media and communications portfolios. Additionally, Mr. Angelakis spent several years in London developing Manufacturers Hanover’s acquisition finance and merchant banking activities throughout Western Europe....
Jeff Shell serves as President of Comcast Programming Group for Comcast Corporation...
Prior to joining Comcast, Mr. Shell was CEO of Gemstar TV Guide International where he successfully navigated Gemstar through a number of legal and operational challenges. Before joining Gemstar, Shell held a number of positions within News Corporation including President of the FOX Cable Networks Group, where he oversaw the operations of FOX’s entertainment and sports cable programming businesses including FOX Sports Net, FX and the National Geographic Channel. Shell also worked in the Strategic Planning Group at the Walt Disney Company and at Salomon Brothers Inc....
www.comcast.com...