Fox News Parent NewsCorp May Face Corruption Investigation
rtfa-troll writes "The Guardian reports that News Corporation may face FCPA investigations after an 'official of the British ministry of defence' was charged 'for allegedly receiving £100,000 from Murdoch's tabloid newspapers.' News Corporation, headed by Rupert Murdoch, is loved by most of the readers of Slashdot as the owner of Fox News and as the company which put the overly complicated paywall on the Wall Street Journal. The article states that the charges 'would be hard for the Department of Justice and the Securities and Exchange Commission to ignore and would warrant investigation under the U.S. Foreign Corrupt Practices Act which could lead to risks for 27 TV licences within the Fox network.'"
You know who is not going to be covering this story.
Mr Murdoch will be able to buy his way out of trouble...
If you mean pay huge fines that are still less than his yearly caviar tab, and then continue on "business as usual", then yes you are correct...
If you want news from today, you have to come back tomorrow.
The fact remains that if a US company is convicted of bribing officials in a foreign country, that company can be prosecuted under domestic law. Whether NewsCorp will be or not is another question, but there have been strong hints dropped since the case really exploded in Britain that US authorities are carefully watching what happens in Britain.
The world's burning. Moped Jesus spotted on I50. Details at 11.
So an incident in a subsidiary branch 6000 miles away from the US should induce major headaches for a US-based organization at the hands of the US government.
That's what often happens. For one, foriegn bribes are illegal in the US. That is to say, if a fooreign subsidiary uses bribery, it is a crime (under US law) that can be charged against the parent company. That's why one company I worked for with more than 30 foreign subsidiaries had very very liberal expense accounting. You were expected to pay for bribes yourself, then charge them back as "dinner" or such, no receipt needed, and unprosecutable as far as the feds are concerned.
It was a requirement of doing business, as some countries require bribes. One specific example would have a US analog of:
What would you do if the Elbonia TSA made you pay $5 to get your laptop bin back at the security check? They are government employees, so slipping them $5 for your laptop would be a federal crime in the USA.
So yeah, if he gets convicted of bribery in the UK, then his company is on the hook for breaking the foreign corrupt practices act, and should lose all US licenses.
Why do you want to reward people who break the rules, so long as they break them creatively enough to satisfy you?
Learn to love Alaska
"Dude", it's every-bit as much of a news outlet as ABC,NBC,CBS,CNN,MSNBC, the NYT
What if it's not?
You just don't like any news story that runs contrary to your beliefs
What if it has nothing to do with beliefs? What if they are just objectively bad, but you don't want to think so because your beliefs agree with those broadcast by Fox News. Personally, I'm mostly politically moderate. I don't agree with the Loony Left or the Rabid Right and Fox News (the channel) appears to be objectively one of the worst News channels out there because they mix propaganda in with real news. In their 24 hour days they have around 7 or 8 hours of real informational (only a little politically slanted) news, but that means they have 16-17 hours of "opinion" programming (political propaganda) each day. It's not just me, Fox news watchers have consistently scored poorly on knowledge tests about current events. In at least one such test they scored lower than people who actively read and watched no news content. That should be a troubling result.
Frankly, if you're going to accuse everyone who disagrees with you of being biased, you'd better be doing a pretty good job of making sure you account for your own biases, which you haven't, because from your comments you appear to be rabidly right wing. You might want to consider whether some of the things you've "learned" from Fox News might be actually be distorted but you aren't seeing it because of your political leanings.
Fanatically anti-fanatical