Slashdot Mirror
Investors Campaign To Oust Murdochs From News Corp
Hugh Pickens writes "Alan Mutter writes that the California Public Employees Retirement System, the nation's largest pension fund, has become the latest investor to say it would vote against the re-election of Rupert Murdoch and his sons to the company's board of directors, joining several other institutional investors opposed to the tenure of not only the Murdoch trio but also most of the rest of the leader's hand-picked board. 'The company appears to have devolved into a free-wheeling, cut-throat and paranoid culture that reached its logical conclusion in the phone-hacking scandal at The News of the World, where deceit and naked ambition trumped common decency, good judgment and even simple compliance with the law,' writes Mutter... Further proof of the anything-goes atmosphere at News Corp was supplied last week when the Guardian reported that ... the European edition of the Wall Street Journal evidently sold access to its news columns and created back-channel payment networks to lift the otherwise sagging circulation of the paper... 'It's not clear whether the outside shareholders have the votes to change anything at a corporation where Murdoch effectively controls 40% of the shares,' concludes Mutter, 'But adult supervision most certainly is in order, because News Corp. seems to be operating with only the sketchiest of business plans and no effective executive oversight of his many far-flung initiatives. '"
It was after he was unceremoniously fired from NPR, and the reasons for it, that makes it a skeleton.
In debates about Christianity, there are two groups: those looking for answers, and those looking to just ask questions.
Think bigger -- Fox News, being so radically right wing as it is, represents a huge threat to public workers, safety nets, and generally anything that doesn't immediately benefit the elite class. Even if this ends up hurting News Corp's viewer base (the delusional), it will mean less of this blockading politics in the name of tax cuts for wealthy, less wars of conquest, and less of this anti-union vendetta being pushed on public employees. If they're as leftist as you say, then their workers would probably also like it if the propaganda machine were to die down.
p.s., you should take that as a hint that your views are outdated rubbish and have no place in a modern, civilized society
"I disapprove of what you say, but I will defend to the death your right to say it." - Evelyn Beatrice Hall, re Voltaire