Wednesday, April 13, 2011

AP Falls for Yes Men’s GE Prank — ANIMAL

AP Falls for Yes Men’s GE Prank — ANIMAL

"Earlier today, pranky activist group the Yes Men, posing as General Electric, issued a press release announcing that the company would be “gifting its entire 2010 tax refund, worth $3.2 Billion, to the US Treasury on April 18, Tax Day.” Amazingly, the Associated Press ran with the bogus story. And the timing could have been more perfect.

In the past few weeks, it has been widely reported that GE paid no taxes last year despite profits exceeding $14 billion."