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Television News Program Analysis Assignment

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Television News Program Analysis Assignment
Darris Simmons
Com/310
Dina Ginsberg
10/13/2011

Television News Program Analysis
The story I chose to cover is on former hedge fund tycoon Raj Rajaratnam, a 54 year old founder of Galleon Group. He was convicted in May on conspiracy and fraud for persuading a crew of corporate insiders to provide him with illegal tips on technology stocks. These tips earned him between $70- $75 million in profits for his. These stock tips include tech companies such as Sun Microsystems, IBM and Advanced Micro Devices. The coverage by each news source was pretty parallel except a few deviations from the main point of the story. Some similarities of the casts were, the number of people charged in the case, they also focused on the health of Rajaratnam. They drove in the fact that his health was deteriorating and that could be why his sentence was only 11 years versus the I saw the story as subjective because they focused mainly on facts other than the views express years the US government sought out for in the beginning of the trial in May. The focus on that could persuay the feelings of the viewer because the media knows viewers are sensitive to things such as health. Although they brought health to the table they immediately did a 180 degree turn and showed this quote, "His crimes and the scope of his crimes reflect a virus in our business culture that needs to be eradicated," by judge Holwell. They used this quote in two of the three news sources covered. Raj Rajaratnam was represented as a conman, but also an intelligent businessman, and a charitable man. They talked about his contributions to his native home of Sri Lanka They labeled him the face of illegal tradeing. Two of the three coverage’s actually focused on contributions to the less fortunate made by Rajaratnam. I believe this story is taken at face value in some instances, like those who don’t understand how to cycle through and decide what is good media and what is bad media. If you are not able to decide for yourself then your view of this story would be persuaded by the media. The delivery of the story by the networks are genius. They know how to set the plate for you to eat whatever they spoon feed. I also believe this story is sensationalized by the hype of the amount of money involved in the case. Each news coverage emphasizes the dollar amount which I feel shows the value of the network and intern influences the values of the listener/viewer. I honestly can’t say these news segments have zero affect on my personal values because I’ve recently started looking into investing and day trading. Now my eyes are open to what is legal and illegal in trading.

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