Friday, July 15, 2011

Dow Jones CEO Latest Casualty of Murdoch Scandals

New Corp is teetering.  First News of the World goes down, then the Rebekah Brooks, head of News International resigns and now Les Hinton, CEO of Dow Jones and the Wall Street Journal resigns.  All due to the hacking crimes of NOTW and other Murdoch papers.

This adds fuel to the rumor that the scandal may spread to the US and the extensive media holdings of Rupert Murdoch here.  Additionally, the FBI has launched an investigation of News Corp to determine the extent of any illegal activities that might have taken place in this country. There are allegations of phone hacking of 9/11 victims and bribes to former NYC police officers.

I would imagine the folks over at Fox News are quaking a bit, considering rumors of their own shady practices this could be ugly for them as well.

1 comment:

little mouse said...

of coarse it will all be met with howls of 'liberal media bias' and 'big goverment interferance'

i have to say its so nice to see over here in England the polititans which constantly used to scramble to stay on Murdock's good side have grown a pair of balls and turned on him.