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Political Affiliations of Viacom Board Could Impact CBS Case
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| Contributor | Tony82 |
| Last Edited | Tony82 Sep 21, 2004 03:42pm |
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| Category | News |
| News Date | Tuesday, September 21, 2004 06:00:00 AM UTC0:0 |
| Description | Experts in corporate governance say the directors of CBS's parent company, Viacom, are obliged to assume some role in resolving the fiasco over CBS News's use of what appear to be fake documents about President Bush's military record.
The political affiliations of Viacom's board and senior management, however, could undercut the credibility of any action the board may take.
Viacom's chairman and chief executive, Sumner Redstone, is a self-described "liberal Democrat" and a prolific donor to Democratic campaigns. Of the company's 13 board members, eight contribute primarily to Democratic candidates and party committees. Two other members of the board, Joseph Califano and William Cohen, held cabinet posts under Democratic presidents. |
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