Saudi Investor Alwaleed: News Corp’s News Of The World Was a “Rotten Apple

[Tony_FLADEM]

With the share price of News Corp. falling, Rupert Murdoch should be glad for the support of one of his largest investors: Saudi Prince Alwaleed bin Talal. The billionaire nephew of the Saudi king owns about 7% of News Corp. shares through his Saudi-listed investment vehicle Kingdom Holding. This makes Alwaleed the second largest shareholder after the Murdoch family. The Prince has been monitoring closely the developments surrounding the hacking scandal at the News of The World tabloid –and he supports Murdoch’s decision to shut it down.




This guy owns 7% of the total shares in "News" Corp. What do you expect him to say. :rofl:

[Dawson Leery]

1. Newscorp's integrity is determined by the owners.

That would be the Murdoch famly.

[xchrom]

2. The prince is trying to figure out how to get the shit off his fingers &

Is the still a BSkyB deal to be had.

[saras]

3. A rotten apple in a rotting barrel in a rotting building

[PoliticAverse]

4. Alwaleed bin Talal was a part owner of Citicorp and benefited from the bailout....

Will we have to bail him out again?...

[Doctor_J]

5. Newscorp is owned and run by terrorists

when we admit to that fact and deal with it accordingly, the dialog framework will change.