Corporate Greed

The Buzz on Synergy and the New Media Conglomerate

Over the years we have seen that a massive concentration of corporations and media synergy has been on the rise as a marketing tool:

Synergy in the media

In media economics, synergy is the promotion and sale of a product
(and all its versions) throughout the various subsidiaries of a media conglomerate, e.g.: films, soundtracks or video games. Walt Disney pioneered synergistic marketing techniques in the 1930s by granting dozens of firms the right to use his Mickey Mouse
character in products and ads, and continued to market Disney media through licensing arrangements. These products can help advertise the film itself and thus help to increase the film's sales. For example, the Spider-Man films had toys of webshooters and figures of the characters made, as well as posters and games.

Even the lefts' more trusted corporate owned news sources are almost always, to a degree, caught up in some conflicts of interests because of Media conglomerates that can be damaging to the public good:

Critics have accused the larger conglomerates of dominating media, especially news, and refusing to publicize or deem "newsworthy" information that would be harmful to their other interests, and of contributing to the merging of entertainment and news (sensationalism) at the expense of tough coverage of serious issues. They are also accused of being a leading force for the standardization of culture (see globalization, Americanization), and they are a frequent target of criticism by partisan political groups which often perceive the news productions biased toward their foes.

In response, the companies and their supporters state that they maintain a strict separation between the business end and the production end of news departments.

Eventually the truth leaks out.

First UBS Client Goes Down: Rubinstein

According to the NY Times, the first of UBS' tax evading client list is being charged:

The client, Steven Michael Rubinstein, an accountant, was arrested in Boca Raton, Fla., and charged with one criminal count of filing a false and fraudulent tax return, according to court papers unsealed on Thursday.

The arrest is the first of a major American client of UBS, which has been under criminal investigation for helping scores of wealthy Americans evade taxes through secret offshore accounts that went unreported to the Internal Revenue Service. It signals that federal authorities are making good on a promise to pursue American clients suspected of tax evasion, and in some cases to make indictments.

The money hidden away for him by UBS? Around $6,000,000.00:

"Enough!"

In keeping with the pink and white elephant concept, here's a callout via Keith Olbermann regarding the banking and financial institution bailouts:

Not bad. Anybody else got any good video commentaries to add, with other perspectives?

Consider this an extension of the preceding Open Thread.

Hat-tip Lordrag of Delphiforums.

Open and Shut Case at Window and Door Factory

Or is that a Shut and Open Case in a very real class war?

A company managed by the wife of Republic Windows and Doors owner Richard Gillman recently purchased an Iowa plant that manufactures similar products, according to public records.