Showing posts with label bonuses. Show all posts
Showing posts with label bonuses. Show all posts

Friday, March 27, 2009

The PR of TV news: Part 1: AIG

So, for the past couple days, I'm sure you all have heard about the big bad AIG and how they are giving these enormous bonuses and all this bailout money. Well I definitely have. It has been on CNN for at least 70% of a 24 hour day for the past week (by my calculations). Now, of course this is supposed to be news, but is it Public Relations?
I say this because All of this outrage over bonuses was basically created by cable news media. They told us that we should be upset about this, according to the highest estimates 212 million dollars, but not upset about the 120 BILLION+ the company has already received and the billions more they are scheduled to receive soon. If that's not PR, I don't know what is. My question to you is, why demonize AIG for this fraction of the money that is somehow going into the wrong hands, as if the other 99+ percent of the bailout money has been used in the "right" way by the company?

Mandla Deskins