Rupert Murdoch is now facing "colossal fines". Enough to cripple Newscorp? Enough to damage FOX?

[Snoutport]

I was catching up on articles and found this nugget buried deep down on a page.

"Meanwhile, US law may enter the fray. A former Labour cabinet minister has alerted attention to the US Foreign Corrupt Practices Act, which makes an American company (News Corp) liable for colossal fines if any employee bribes a foreign official (the Met police) even if no one at head office knew. What's more, any whistleblower inside the company (sacked News of the World reporters), stands to win a percentage of that fine if they report acts of bribery."

http://www.guardian.co.uk/commentisfree/2011/jul/08/ed-miliband-broken-omerta-old-monster

This is a big deal! There are around 4000 with probable grounds to sue and now the threat of colossal fines for bribes WE ALREADY KNOW HAPPENED. The News of the World was the U.K.s biggest selling paper. This is three HUGE hits financially and if Murdoch loses BSkyB that is another blow to him. He already owns 39 % of BSkyB but if it is ruled he can't buy more because of ethics...there is a chance they will have to sell of what portion of the station they already own. If ONE house stops listening and reading Rupert Murdoch's brainwashing messages it is a win. This is effecting his readers all over the world at this point. (Australia is now calling for investigations as well).

These are the things that I think are going to happen in the next two weeks:
James Cameron will be arrested or at least questioned by the police.
Rebekah Brooks will be removed from her post or she will step down. I figure she too will be arrested.
Murdoch will lose his bid to take over BSkyB television.
FOX News head Roger Ailes will be in the hot seat as it breaks that FOX has been hacking phones as well. (The whistle-blowers get part of the fine.... it is going to happen)

Rupert Murdoch, in the following months, might even be squeezed out of Newscorp. It is a publicly owned company and he has been a very very bad man.

And Mr. Cameron? I give him two months. I think the proof that Murdoch has been targeting the left-wing with Cameron's knowledge is going to come out soon enough.

That is my take on today's current event as we watch the herald of the right-wing crash and burn.

Seriously people, this might make the end of media monopolies as we know them. Another good day for democracy.

[malaise]

1. David Cameron?

And yes you may be right. The shit is about to hit the fan.

[Snoutport]

7. I have been 100% right so far... BUT

I never thought Murdoch would see jail time. There is a chance...a tiny tiny chance...but he is about to become a very hated man.

[malaise]

9. I'm really interested in AIles taking down Murdoch

How sweet - Fox was Nixon's dream.

Did you mean David Cameron, the British PM? I don't understand the James Cameron part.

[spanone]

26. let's hope this destroys the murdoch empire and rids the world of lies posing as news

it wouldn't rid the world of it, but it would take a big chunk

[nadinbrzezinski]

2. Here is the section.

:nopity: :nopity::nopity: :nopity::nopity: :nopity::nopity: :nopity:

[Snoutport]

14. were you linking something or just playing a real sad song for murdoch?

[nadinbrzezinski]

16. The no pity violin section

sorry...

[Snoutport]

25. Ah.... then play it loud!!!!

I'll add a few more for ya!
:nopity: :nopity: :nopity: :nopity: :nopity: :nopity: :nopity: :nopity:

[nc4bo]

3. The entire Murdoch/Ailes empire needs to come crashing down and never rise again.

I know we'll all be following developments closely!

[Snoutport]

13. If you see any US stuff on it post on here! I want to see how the US is covering the story

It was a half page story in the big paper here in Oregon!

[nc4bo]

34. I don't normally get a real paper these days but the online version definitely has

some stories on it: http://fayobserver.com/search.aspx?searchtext=murdoch&searchmode=anyword

[LeftyMom]

4. James Cameron?

I think his movies suck, but it's really not a legal matter.

[Snoutport]

5. lol... I mean James.Murdoch--Rupert's son... :0) dangit...missed my chance to edit too

[Greybnk48]

6. I want to see that evil smug SOB Murdoch go down.

I'd love it!

[hifiguy]

8. Perhaps this may hole the old pirate below the waterline.

One can only hope. At any rate he is in seriously deep shit. :popcorn:

[Snoutport]

15. Yeah... news staff of his is saying there is bigger stuff coming out too...

We are going to hear even dirtier stuff. Princess Di hasn't come up at all yet...but you can bet they were all over that. Hacking Diana and her family after her death will not go over well in England.

[alfredo]

32. Maybe it was one of his photographers that caused Diana's death.

[tridim]

10. If Ailes and Murdoch go, do the Saudi Investors own Fox News?

http://en.wikipedia.org/wiki/News_Corporation

Prince Alwaleed bin Talal al-Saud of Saudi Arabia, through his Kingdom Holding Company, owns 7% of News Corp.'s shares, making Kingdom Holdings the second largest shareholder.<23><24><25>

[eShirl]

11. "The whistle-blowers get part of the fine"

fasten your seat belts, kids

[Snoutport]

19. yup...gonna change EVERYTHING!

[The Big Vetolski]

28. And they're British, and have nothing to lose. No wonder Rupert

flew to London in a panic.

[Snoutport]

33. and no wonder he was so hot to transfer his son out of london to work in the US...

They be running scared here a little bit, I think.

[MADem]

12. I think he's toast on the Sky thing, and that's a nice start. nt

[Snoutport]

20. Did you see the 38 million dollar fine murdoch pays if it doesn't go through?

:0) very sweet.

[MADem]

21. No, I didn't see that bit--but I must say, I like it! nt

[WinkyDink]

31. Pocket-change to Murdoch. PRISON is what he warrants.

[GreatCaesarsGhost]

17. Does this explain Roger Ailes' paranoia?

[Snoutport]

22. It explains how easily the hacking came to America... that guy is nuts!

[azul]

18. Yay!

Just when I imagined that my inexpensive Chinese Rupert Murdock Voodoo Doll was defective.

[AsahinaKimi]

23. The day FOX NEWS goes under ...

will be a day I will celebrate. With champagne. Tattinger should do..

[KeepItReal]

24. I'm gonna get some Bollinger

And do it 007 style

;-)

[Enthusiast]

27. Somehow I doubt that Murdoch

will receive an adequate punishment for his malfeasance. His influence is too great. And Fox News serves as a mouthpiece for TPTB.

[The Big Vetolski]

29. The Odd Gods of the Galaxy work in mysterious ways...

Seeing Murdoch and Newscorp and Fox implode would be a beautiful thing. It's important to remember they are a pack of jackals; they'll turn on each other to preserve themselves. The Dude looks forward to watching the feeding frenzy, man.

[Posteritatis]

30. The next company that gets "colossal fines" for major misconduct will be the first

If he gets hit with more than, oh, the equivalent of six hours' income from his holdings, I'll be astonished.