"It’s the kind of accountability journalism that makes readers raise an eyebrow, if it doesn’t raise their blood pressure first. General Electric Co., reported the New York Times last week, earned $14.2 billion in worldwide profits last year, including $5.1 billion in the United States — and paid exactly zero dollars in federal taxes.
But the story was conspicuously absent from the reportage of one news organization: NBC.
During its Friday broadcast, “NBC Nightly News With Brian Williams” had no time to mention that America’s largest corporation had essentially avoided paying federal taxes in 2010. Or its Saturday, Sunday or Monday broadcasts, either.
Paul Farhi reports for the Washington Post March 29, 2011.