Last One to Know

Maybe this is information that most people are aware of, but just last week I was made aware of the fact that GE owns NBC, MSNBC, and CNBC. GE stands to make a HUGE fortune off of Obama's environmental policies, particularly the Cap and Trade program buzzing around. They've also benefited from the bailouts.

I've had issue with NBC, MSNBC, and CNBC over their obvious bias towards Obama, but this severe conflict of interest? Aren't there journalism rules out there? or laws?