NBC + GE = OBAMA TV

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How a Loophole Benefits GE in Bank Rescue
Industrial Giant Becomes Top Recipient in Debt-Guarantee Program

By Jeff Gerth and Brady Dennis
ProPublica and Washington Post Staff Writer
Monday, June 29, 2009

General Electric, the world’s largest industrial company, has quietly become the biggest beneficiary of one of the government’s key rescue programs for banks.

It is no wonder that Brian Williams bowed to President Obama as he said good night to him at the White House, he was thanking Mr. Obama for his continued financial support, and job security in these troubled economic times.

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