Investing 101 - Apr 6, 2005 - Printable Version
- Dateline Stockgate Update: POSTPONED YET AGAIN!
by Mark Faulk It's official: Representatives at Dateline have confirmed that the Stockgate segment originally scheduled for Sunday, April 10th, at 7 pm ET, HAS BEEN POSTPONED. According to Dateline, the segment will definitely still air, but that because of scheduling conflicts that have arisen due to the death of the Pope, the Stockgate segment schedule has been pushed back. A Dateline official confirmed that special segments that aired at the time of the Pope's death has caused a "major reshuffling of the entire Dateline schedule". Dateline producer Sharon Hoffman said that, "It has been a very busy news cycle, and Dateline is always subject to change." They have not yet announced a new air date for the show.
Instead, according to the Dateline website, they will air a segment in which "NBC's Al Roker sits down with 'American Idol' star Ruben Studdard to discuss his latest gospel album and how his life has changed since beating Clay Aiken on the second season of 'American Idol.'" Wow! An interview with last year's American Idol winner. It HAS been a busy news cycle!
Once again, this raises the usual questions about how committed Dateline is to this story, and after postponements and cancellations that have kept this off the air for over a year, those concerns are valid. While Dateline officials assured us that they "will air the segment", the major media has been stepping up the pressure over the past few weeks, releasing a flurry of articles on the naked short selling scandal that has plagued the stock market for years.
As for the Dateline segment, according to representatives with Koerner Kronenfeld Partners, who are the communications directors for attorneys O’Quinn, Laminack & Pirtle, Christian, Smith, Wukoson and Jewell, and Heard, Robins, Cloud, Lubel & Greenwood, the law firms representing clients in dozens of lawsuits filed against the SEC, the DTCC, and several of the country's largest brokerage firms, Dateline producer Sharon Hoffman has spent the week fact-checking and editing the story. We have also heard several unsubstantiated rumors that the DTCC has been pressuring Dateline to change or not air the story at all, and that Dateline is doing additional fact-checking as a result. We'll update that information as the story continues to develop.
So there you have it: one more delay on the story that has been called "been called the biggest financial scandal in the history of the world, with incurred losses estimated by some experts at well over $1 trillion dollars." Instead, it's beginning to look like everyone will be treated to a hard-hitting interview with American Idol teddy bear Ruben Studdard. Enjoy. We'll keep you posted, and that's the Faulking Truth.
(Editor's note: This story has been updated twice since we first posted it at 2:00 pm ET, as new information has been received. I swear that this is the final version.)
Read the commentary that accompanies this article, "Time to Boycott GE, Dateline, and NBC?" at http://www.faulkingtruth.com/Articles/CommentaryToo/1028.html
Tell Dateline what you think about this issue:
http://www.msnbc.msn.com/id/3303518/
Call them at 212-664-4444
or email them at Dateline@NBC.com
To email Sharon Hoffman at NBC Dateline:
Sharon.Hoffman@nbcuni.com
To contact members of the US Senate Committee on Banking, Housing, and Urban Affairs, go here and click on the members' names:
http://banking.senate.gov/index.cfm?FuseAction=Information.Membership
To contact members of the Senate Finance Committee, go here and click on the members' names:
http://finance.senate.gov/sitepages/committee.htm
Sign the petition at www.investigatethesec.com
Add your name to our "Stockgate activist list" at info@faulkingtruth.com. We will email you only when we have new articles or information dealing with this issue. Please link the articles everywhere you can, post them on stock message boards, and send them to the appropriate public entities. To enact positive change requires positive action.
"Few will have the greatness to bend history itself; but each of us can work to change a small portion of events, and in the total; of all those acts will be written the history of this generation." - Robert F. Kennedy
For related articles on this story, read:
"Is Dateline Losing Credibility Over StockGate Story Delays?"
www.faulkingtruth.com/Articles/Investing101/1005.html
"Is Time Running Short in Stockgate Scandal?"
www.faulkingtruth.com/Articles/Investing101/1011.html
"The Waiting is the Hardest Part"
www.faulkingtruth.com/Articles/Investing101/1012.html
"FINALLY! Dateline to Air Stockgate Segment April 10th"
http://www.faulkingtruth.com/Articles/Investing101/1022.html
"Stockgate Goes to Congress"
www.faulkingtruth.com/Articles/Investing101/1019.html
And for an overview into the stock market scandal, read:
"Financial Terrorism in America"
www.faulkingtruth.com/Articles/Investing101/1001.html
Voice your opinion on our message board (you don't have to sign up to post), or post in our guestbook.
Investing 101 Archives:
Financial Terrorism in America (Mark Faulk, Mar 19, 2004)
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Response From Berliner Freiverkehr and The Berlin-Bremen Stock Exchange (The Faulking Truth, Jun 3, 2004)
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A Twelve Step Program to Clean up the OTC Stock Market (Mark Faulk, Sep 14, 2004)
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Dateline: The Waiting is the Hardest Part (Mark Faulk, Nov 16, 2004)
Death of an Investment Class (Dave Patch, Dec 30, 2004)
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The Year of the Investor (Mark Faulk, Jan 5, 2005)
Regulation SHO’s Threshold Lists Leave More Questions than Answers (Dave Patch, Jan 11, 2005)
Feeding the Stock Market Beast (Mark Faulk, Jan 11, 2005)
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Stockgate Goes to Congress (Mark Faulk, Mar 10, 2005)
The Old Shell Game (Bob O'Brien, Mar 25, 2005)
FINALLY! Dateline to Air Stockgate Segment April 10th (Mark Faulk, Mar 28, 2005)
Dateline Stockgate Update: POSTPONED YET AGAIN! (Mark Faulk, Apr 6, 2005)
Time to Boycott GE, Dateline, and NBC? (Mark Faulk, Apr 6, 2005)
Pink Sheets CEO Calls for Reform in OTC Stock Market (Mark Faulk, May 2, 2005)
National Counterfeit Conspiracy Days, June 6th and 7th! (Mark Faulk, May 15, 2005)
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Stockgate: Turning up the Heat (Mark Faulk, May 31, 2005)
Stockgate: Donaldson out......Cox in (Mark Faulk, Jun 2, 2005)
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Dateline to Air Stockgate Segment in 2-Hour Show, Sunday, July 31st (Mark Faulk, Jul 29, 2005)
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Stockgate: Rallying the Troops (Mark Faulk, Oct 16, 2005)
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