Friday, July 15, 2011

Murdoch Descending

by Pa Rock 
Citizen Journalist

With Lord Voldemort reportedly dead and Dick Cheney retired and apparently in hiding, one would think that this would be an ideal time for media mogul Rupert Murdoch to become the undisputed King of Evil.  But alas, poor Rupert appears to have stumbled and is now busy falling all over himself.

And it couldn't have happened to a sweeter guy!

A couple of weeks ago the Murdoch empire sold the once preeminent social networking site, MySpace, for a whopping $35 million.  At least that sounds like a staggering amount of money to people who actually have to work for their income.  However, considering that Murdoch gave a hefty $580 million for MySpace just six years prior, his selling price looks pretty puny.  In fact, I doubt that $35 million even paid the lawyers.

This week things really began heating up for the once untouchable Rupert Murdoch.  His flagship newspaper (actually a tabloid), The News of the World, closed its doors for good over a telephone hacking scandal that revealed the editors of the publication listened in on private telephone calls, bribed police, and interfered with police investigations.  The News of the World, which had the largest circulation of any publication in the world, was headquarted in London - and the Brits were not amused by its shenanigans and blatant criminality.  Members of Parliament who were once dependent on Murdoch's kind words became especially bitter and vocal, and Murdoch was forced to withdraw his bid for complete control of one of Britain's largest television networks as a further consequence of his underlings' malfeasance.

Now it is being reported that Murdoch's "empire" is even being investigated by the FBI for tapping the telephones of 911 victims!  Maybe he will atone for that one by closing down Fox News - thus giving us all a break!

Whatever happens, it is fun seeing one of the bad guys get his for a change.


Xobekim said...

The Feds are also looking at those alleged bribes to Scotland Yard. Those crimes violate American law under the Corrupt Foreign Practices Act. It is against American law for an American corporation to go to foreign countries and bribe the local officials.

This will eventually lead to scrutiny by the Securities and Exchange Commission and the Federal Communications Commission.

Newscorp is a publically traded business under the SEC jurisdiction. The clowns pretending to be journalists on FOX cable are not under the FCC's jurisdiction. FOX television station's, and their licenses, are under the FCC's purview.

Don said...

This reminds me a bit of the Wizard of Oz. At long last, we see the shriveled old man behind the green curtain.

We can only hope that Fox News is somehow destroyed by the fallout.