From a recent talk by journalist John Hockenberry:
I was very happily employed at NBC… we had a lot of meetings at NBC about, you know, if you’re doing a story and the person you’re doing the story about offers to buy you a drink, you’ve gotta say no. If you’re doing a story and they send you, after they see the story, some napkin rings — silver napkin rings that are monogrammed “Thank you, Jon, for the story,” you’ve got not only to return those, you’ve got to report those to the standards people at NBC because there’s a whole ethics and conflict-of-interest thing.
So at one of these ethics meetings — I called them the return-the-napkin-ring kinds of meetings — I raised my hand and said “You know, isn’t it a problem that the contract that GE [the corporate parent of NBC] has with the Coalition Provisional Authority […] to rebuild the power generation system in Iraq [is] about the size of the entire budget of NBC? Is that kind of like the napkin rings thing?” And the standards people said “Huh. That’s interesting. No one’s brought that up before.”
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