First, the story:
http://businesssheet.alleyinsider.com/loser-12-rupert-murdochAnd now, a plan for Murdoch to weather the financial storm and come through it unscathed:
1. Make his travel reservations at La Quinta instead of the self-designated "six-star" hotel resorts.
2. Convert his kitchen faucet from champagne to municipal tap water.
3. Read past issues of
The Wall Street Journal (before the Murdoch takeover) to see what real financial experts recommend.
4. Lay off some of the staff at FOX News. Bill O'Reilly comes to mind - Connie Chung will take his slot for a fraction of the cost.
5. Carpool with auto industry executives when he decides to see a bailout from Congress.
6. Hamburgers and French fries are a suitable low-cost alternative to bone-in ribeye with Lyonnaise potatoes.
7. Two words: Emu ranch.
8. Borrow his grandson's skateboard to communte to work. Might earn him some "street" points.
9. Inform his personal ass-wiper that his services are no longer needed.
10. Rent out a wing of his mansion as a bed-and-breakfast. Rehire personal ass-wiper as B&B chef.
11. Take a seasonal job at Macy's as a department-store Santa.
12. Salvage copper tubing from abandoned apartment complexes and sell to the local recycler. Check local laws first.
13. If all else fails, grab a crowbar, a ski mask, and a black bag for stashing goodies. Donald Trump can't live in all of his properties at the same time.