Revenue: US$ 182.515 billion (2008)
Operating income: US$ 19.141 billion (2008)
Net income: US$ 17.410 billion (2008)
Total assets: US$ 797.769 billion (2008)

GE Energy Infrastructure is composed of several units including (not a comprehensive list): GE Wind Power, Gasification, GE Nuclear Power, GE Coal Power, GE Oil & Natural Gas, GE Solar Power, GE Hydroelectric Power, and related subsidiaries such as electric power transmission networks.

GE Technology Infrastructure is composed of 4 sub-units: GE Aviation, GE Enterprise Solutions, GE Healthcare, and GE Transportation

GE Capital has 4 sub-units: GE Aviation Financial Services, GE Commercial Finance, GE Energy Financial Services, and GE Treasury

NBC Universal has 17 sub-units:
NBC, Universal Studios, NBC Universal Television Group, NBC News, USA, Syfy, CNBC, MSNBC cable TV, NBC.com, MSNBC.com, iVillage, Bravo, qubo, SendMeRSS, Telemundo Television Studios, The Weather Channel, Hulu

me now – Locally: I am aware of influence from 12 NBC Universal units via Comcast .. and a local plant that SABIC acquired on 5/21/07 from GE’s Plastics Division in a $11.6 billion cash deal, including $8.7 billion of its liabilities .. and a wind farm working towards 166 turbines SE of here.

Dan is on the right track, but its more than the tilt to the right. It is the attitude of the hosts, or most of them, from Joe Kernan in the early morning to Kudlow, Maria B., Erin the B., the incredibly rude attorney who shall remain nameless and Michele C-C, et. al., that made CNBC unwatchable. I still turn it on but its on mute most of the time.

Even Rick Santelli disappointed me. I used to take the mute off whenever he came on but since his “rant” and the weeks of followup rants in support of his rant I no longer care what he has to say.

In my case, I surfed my cable channels and came up with BloombergTV.

I lost respect for the above biz journalists and the channel precisely in proportion to what I have learned about their political leanings — from their on air comments and the way they treat some guests.

Previoulsy, I did not lose respect for Maria B. when she went on air with CEO Stanley Weil b/c she admitted up front that she held 10,000 shares of CitiCorp. The same thing about GE with Jack Welch in the past. I never lost respect for the others until they ceased to be even handed and challenge only the guests that held opposing views.

These people have become full of themselves and when they work for CNBC it shows up as bias and prejudice that darkens all the work they do and it damages the network and everyone who works there and therefore GE shareholders. Hey, it happens, people go bad just like heads of lettuce. Throw the rotten ones out. No one will miss them — for long.

It really is unfair the to the many excellent biz journalists that work at CNBC that a few rotten but big name on air personalities are allowed to run down the entire organization. Its GM all over again. Even Dylan Ratigan jumped ship from the smug assholes. How embarrassing is that?

It’s not just the political tilt, it’s the sophomoric nature of it. I passed by CNBC today for about two minutes before I heard some commentator make a wise crack about “if only the government could cut costs like the private sector has been doing.” Tired, but whatever. But then to add “And I can hear the amens from you guys in the back, amen is right” is just tiresome.

Well….do we get the obligatory 3 min rally into the close to instill a sense of complete hopelessness for anyone who remains bearish after the failed attempt to sell off below 994 or will today brings us a new story…..

hope:
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The mother of all short opportunities will come once liquidity is removed, the official policy of pump is canceled, or the bubble bursts on it’s own. If it comes from China, copper will tank horribly for a few days and continue on after that. If it comes from the US, the 10 year will blow past 4%. If it comes normally, it will be due to regulators taking back the markets.

Shorts are scared of NFP response, but I don’t think they need to be.