GM Bans Reporters From Electronic Communications During Shareholders Meeting
Published: June 10th, 2014
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Bloomberg is reporting that General Motors barred reporters from emailing, photographing or videoing monitors set up in a special media room during their annual shareholder meeting.
Reporters were apparently instructed to turn off their mobile devices while viewing the proceedings from a designated media room. The no-phones rule is said to be a departure from past policies, and comes amid pledges to increase transparency within the auto maker following the inquiry into recalls that led to fatal crashes.
More by Derek Kreindler
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It appears the rulers are now increasing the protection of the institution after slaying a bakers' dozen or so of the less fortunate expendables. Barra is being protected as is the US Government. And we thought the communist Chinese had control over the media. Is GM a public company??? Here is a simple hierarchal guide to the protection of a culture. Rule 1. Protect the institution at all costs, first and foremost. Rule 2. Protect the executives who in turn protect the institution. Rule 3. Protect the victims/consumers last.
Of note in this meeting was the election of some particularly interesting board members - Ms. Barra amongst them. Curious to know what was so hush-hush...
I thought most shareholder meetings were restricted to actual shareholders? A member of the 'media' has to put their phone down for an hour, bitches about it and it is a news story? Yawn. They might have to actually do some reporting. No wonder one guy bitched.
These days, when you can buy a "pen" from ebay that records audio and video, I think it impossible to enforce bans such as this. You need only own one share to be a shareholder, perhaps some of the reporters purchased one. If not, if they purchased one share, legally, they would have to be allowed into a shareholder's meeting. They would be allowed to vote, also.