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marmar

(77,081 posts)
Thu May 3, 2012, 08:05 AM May 2012

LEAVE RUPERT ALONE !!!






(Bloomberg) Rupert Murdoch’s executive friends have come out in defense of the media magnate this week after a U.K. parliamentary committee published a report saying he wasn’t fit to run an international corporation.

Real estate developer Donald Trump, billionaire Barry Diller and Jacob Rothschild, an investment banker who helped Murdoch buy the now-defunct News of the World tabloid more than 40 years ago, are among executives who sent out statements supporting the 81-year-old chief executive officer of News Corp. (NWSA)

Murdoch and his son James were censured in a parliamentary report May 1 over the way they handled a hacking and bribery scandal at News Corp.’s U.K. newspapers. The Culture Media and Sport Committee said Murdoch “turned a blind eye” to what was going on at his businesses. The scandal has led the company to shutter the News of the World, and police have arrested about 45 people as part of probes into hacking and bribery.

“We shouldn’t forget that he made a unique contribution to media in this country,” said Rothschild, a British baron who served on the board of British Sky Broadcasting Group Plc (BSY), the U.K.’s biggest pay-television operator in which News Corp. owns 39 percent. “He created a new industry in this country, a pay- television industry,” said Rothschild, the co-founder and chairman of J Rothschild Capital Management. Murdoch also saved the U.K. newspaper industry, he said. .................(more)

The complete piece is at: http://www.bloomberg.com/news/2012-05-02/murdoch-s-friends-offer-support-after-u-k-condemnation.html



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LEAVE RUPERT ALONE !!! (Original Post) marmar May 2012 OP
He deserves to be left alone. Scuba May 2012 #1
"arrested about 45 people" Laf.La.Dem. May 2012 #2
Has St Rudy of 9/11 come out to defend him yet? malaise May 2012 #3
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