The first rule Mr. Olbermann broke is one that NBC News has in common with most serious news organizations: namely, that those covering politics cannot contribute to campaigns without prior approval from the news organization’s boss – effectively a ban on what is seen as a conflict of interest. Olbermann coanchored MSNBC’s election coverage on Tuesday.
As first reported by Politico, and confirmed by Olbermann, he made $2,400 contributions to the reelection campaigns of Democratic Reps. Raúl Grijalva and Gabrielle Giffords, both of Arizona. He also contributed $2,400 to Kentucky Democratic senatorial candidate Jack Conway. Mr. Grijalva won, Mr. Conway lost, and Ms. Giffords is ahead in her race but with results still too close to call, according to the Associated Press.
The second rule Olbermann violated was to never surprise your boss with bad news. MSNBC president Phil Griffin’s terse statement Friday afternoon tells the story. “I became aware of Keith’s political contributions last night. Mindful of NBC News policy and standards, I have suspended him indefinitely without pay.” In essence, Mr. Griffin heard about Olbermann's contributions as Politico was about to break the story.
The story is especially embarrassing to MSNBC because Olbermann was vocal on the air criticizing Fox News over the campaign contributions made by its parent company, News Corp. The company, which also owns The Wall Street Journal, made $1 million contributions to the Republican Governors Association and the US Chamber of Commerce, both major players pushing Republican candidates in the election.
As Politico reported, on Oct. 7 Olbermann asked House majority whip James Clyburn, “Is there any legislative response to the idea that there is a national cable-news outlet that goes beyond having a point of view and actually starts to shill for partisan causes and actually starts to donate to partisan groups of one party?”
Beyond the embarrassment, MSNBC has lost, at least temporarily, the services of its most popular host. Over time, Olbermann has become more of a liberal commentator and less of a straight-news presenter. The result has been that he has boosted MSNBC’s ratings, moving it past CNN in the cable-news ratings wars – which Fox continues to win.