The other legitimizing forces for Murdoch were the Dow Jones News Service and the Wall Street Journal. Murdoch's hand pick executive and publisher for these highly valued properties, Les Hinton, is implicated I the phone hacking scandal.
What does Murdoch have left?
His quality UK publication, The Times, stands to be totally discredited.
His DJNS-WSJ gem is tarnished by an executive who was tasked with cleaning all of this up years ago and failed.
His biggest deal, BSkyB, is headed over the cliff.
Murdoch is now vulnerable to attack and that may turn fatal should the UK regulators declare him "an unfit person." He's not just unfit in the UK, he carries that stigma with him everywhere, as Nick de Groote speculated last week.
Is this the end of "Little Rupert"?
END
This article may be reproduced entirely or in part with attribution of authorship and a link to this article.
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
1
1
1
