"We didn't have a secret meeting where we said, 'maybe we should just go left,'" former NBC Universal chief Jeff Zucker said at Saturday's annual alumni luncheon of the Harvard Crimson. "People started watching Keith Olbermann," and programmers planned the rest of the schedule to "flow" with his show. Ira Stoll has more Zucker comments:

Zucker said GE chief executive Jeffrey Immelt was a "very supportive" boss. "GE never interfered with the coverage ever. You end up overcovering them because you don't want to be accused of not covering them."

Regarding NBC prime-time lineup: "It was 5% of our bottom line, but it was 105% of our perception. I put two people into those [prime-time programming] jobs, and they both failed. I screwed that one up twice."

About Jon Stewart's claim that CNBC contributed to the economic crisis. "I think he was completely out of line on that one. Everybody's looking for a scapegoat."

Read Stoll's account of the lunch at FutureofCapitalism.com