Uncle Charlie's not amused
Thu Feb 5 14:14:06 EST 2004
Joseph Pappalardo wrote:
>"The FCC decision was not based
>on the quality of broadcast service...but on the question of RKO's
>integrity," Fortune noted (4/21/80). "General Tire was maintaining slush
>funds for such uses as improper overseas payments and questionable campaign
>contributions," Time later reported (8/24/87), and "allegedly filed false
>and misleading financial statements." Of particular concern was RKO's lack
>of candor in reporting these wrongdoings to the FCC.
As to whether this constitutes grounds for forfeiting all broadcast
licenses is debatable, but to me sounds worse than allowing a slightly
risqué half-time show.
The RKO stuff was not illegal, as far as anyone can tell.
The CBS stuff was....by most 'community standards'.
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