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Rothschild appointed to BSkyB Board/Murdoch Jr is new chief

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emad Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-03 06:56 AM
Original message
Rothschild appointed to BSkyB Board/Murdoch Jr is new chief
Following weekend reports that Bush Sr's old crony Lord Nathaniel Charles Jacob Rothschild is due to take over the voting rights of frozen shares belonging to deposed Russian oil tycoon Mikhail Khodorkovsky of the YukosSibneft empire - after Russian prosecutors arrested and jailed him last week on corruption charges - in a massive covert boardroom coup that has stunned the industry, UK media giant BSkyB has announced that Rothschild will now take over as its deputy chairman. This in turn follows the announcement that Rupert Murdoch's son James has been named the company's new chief:


See:
BSkyB risks backlash as Murdoch named chief:
http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1066565580709&p=1012571727085

The paper says that Murdoch senior is:

.... also chairman of News Corp, the US media group which controls 35.4 per cent of BSkyB. His son James, who will now resign from the board of News Corp and its technology subsidiary NDS, had been widely tipped to succeed Tony Ball as chief executive of BSkyB. He will assume the role on Tuesday

<snip>

The FT says further that:

The board of BSkyB on Monday night named Lord Rothschild, the influential member of the Rothschild banking dynasty, as a new independent deputy chairman to help assuage shareholder opposition. It will also appoint another independent director in the near term.
<snip>

"Assuage shareholder opposition"???? Like the YukosSibneft heist wher he took over the voting rights of the oil shares that the Russian prosecutor has frozen?

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dArKeR Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-03 07:38 AM
Response to Original message
1. ESPN Asia is 50% owned by Murdoch. Just to keep your boycott lists
up to date. (Most people I talked to had no idea ESPN was part of Murdoch's Fourth Reich.
http://www.startv.com/eng/frame_aboutus.cfm
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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-03 07:54 AM
Response to Original message
2. I, too, noticed that
Rothschild was getting named to BSky and received the Yukos stock -

what is the deal???

This is too weird...

http://news.bbc.co.uk/2/hi/business/3235429.stm

Yukos share rights 'transferred'
Jailed Russian tycoon Mikhail Khodorkovsky has passed control over his shares in oil firm Yukos to associates abroad, according to Sunday newspaper reports.

The Sunday Times reported that the voting rights to Mr Khodorkovsky's shares had been transferred under an arrangement put in place prior to his arrest on suspicion of tax evasion and fraud last week.

The newspaper named UK-based Lord Jacob Rothschild of the Rothschild banking dynasty as the recipient of the voting rights.

Lord Rothschild and Mr Khodorkovsky are reported to have formed close ties through their mutual support of charities and arts foundations.

A separate report in the Business newspaper stated that Mr Khodorkovsky's voting rights had been transferred to Leonid Nevzlin, a Russian businessman now resident in Israel.

...more...
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NashVegas Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-03 08:17 AM
Response to Reply #2
3. The Yukos Stock Went Elsewhere
It was reported last week that Yukos shareholder Leonid Nevzlin had been resident in Israel for several weeks, and had submitted a request for Israeli citizenship. Several other Yukos senior executives joined Nevzlin last week, including Vladimir Dubov. Vasily Shaknovsky did not manage to leave Russia.

On the basis of informed Russian sources, ”The Wall Street Journal” reported today that Yukos controlling shareholder and CEO Mikhail Khodorkovsky, arrested 10 days ago in Russian on suspicion of fraud and tax violations, last week transferred the voting rights to most of his Yukos shares to Nevzlin.

http://www.globes.co.il/serveen/globes/docview.asp?did=738035&fid=942
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emad Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-03 08:30 AM
Response to Reply #3
5. Not according to Murdoch's rag The Sunday Times:
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emad Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-03 08:26 AM
Response to Reply #2
4. The Bush Sr/Murdoch/Rothschild triumvirate goes back a long
way to the heady days of the 1980s when Banco Ambrosiano collapsed and the Rothschilds were up shit creek with their Swiss bank losses.

Murdoch's attempts to break into the Chinese market were greatly assisted by Bush Sr as well as former UK premier Sir Edward Heath, chief of the UK parliamentary china forum.

The scam to take over the Yukos deal was set up some ten years ago. Rothschild, worth approx 400 million UK sterling, owns inter alia St James Place Capital and J Rothschild Assurance, and is chairman of RIT Capital Partners, a 'listed investment co with a portfolio valued at 700 million UK sterling'.

Rothschild reputedly began 'grooming' Khodorkhovsky back in circa '94/'95 when he has just bought Yukos for $200 million. He invited him to one of his lavish 'networking' events at his country home for a chat with old crony Henry Kissinger. A few years later the Yukos outfit was worth some $6.5 billion and Khodorkhovsky became top dog, forming the Open Russia Foundation in 2001, a charity 'supporting academic institutions and not-for-profit organisations'. Rothschild joined its board of trustees. This was to compliment his directorship of the State Hermitage Memorial Fund in St Petersourg.

He was also instrumental in soliciting some quater of a million pounds from mysteriously demised banker Edmond Safra, to sponsor the Queen Mother fountain project outside London's Somerset House, that houses a semi-permanent Russian exhibition in the Hermitage Rooms.

DU contribtors may be aware of the late Safra's billionaire widow Lilly, who lost two mega rich husbands in a row, in unexplained personal tragedies. Edmond died in a fire in Monaco, trapped in his top security penthouse. Husband No 1 committed suicide by shooting himself in the head....er, twice that is (just to make sure?) Lilly Safra (nee Watkins) born in the London suburb of Streatham, was a noted chum of Bush 1 when he was CIA director and owes much to this friendship if you analyse the investigations into the tragic death of her first husband.
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