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Untitled Document

Jeff Immelt urged to take action regarding potential threat from Fox Business Network

Published: Tuesday, November 13, 2007

-By MARTY

You know there must be a serious threat against CNBC by Fox Business News when an open letter that should have been addressed to Jeff Zucker goes over his head and is addressed to his boss at GE Jeff Immelt. In the open letter Immelt is reminded of the things he is that former GE boss Jack Welch wasn't and is reminded that if he doesn't act now it may haunt him. Though there are no available reports on how Rupert Murdoch's new channel is doing, people continue to refer to the ass whipping his Fox News has given CNN over the years predicting that it will happen again with Fox Business News kicking CNBC's ass. Should Jeff Immelt take this open letter seriously and order his media chief Jeff Zucker and his troops into battle? We kinda think so. Because as the saying goes, never bet against Rupert Murdoch.

Rescue Memo to Jeff Immelt [Portfilio.com via Yahoo]

Labels: CNBC, FOX_BUSINESS_NEWS_NETWORK, GE, JeffImmelt, JeffZucker, RupertMurdoch

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