Rupert Murdoch receives $12.5m bonus

[babsbunny]

http://www.guardian.co.uk/media/2011/sep/02/rupert-murdoch-bonus

Josh Halliday
guardian.co.uk, Friday 2 September 2011 20.19 BST
Article history

Rupert Murdoch, the chairman and chief executive of News Corporation, received a $12.5m (£7.7m) cash bonus for the last financial year, while his total remuneration rose 47% to $33m, according to the company's annual statement to shareholders.

His son James Murdoch – who is deputy chief operating officer, with responsibility for News Corp's business in Europe and Asia – was awarded a $6m cash bonus as part of an $18m pay package – a 74% rise on his 2010 take-home pay.

But in a statement on Friday night, James Murdoch said he would not be taking the bonus in "light of the current controversy" over phone hacking at the News of the World. "I feel that declining the bonus is the right thing to do," he said.

[Rex]

1. Oh take the bonus for Dogs sake!

All the other criminals are taking THEIR bonus! Why stick out like a sore thumb!? You are already going to jail in the near future...you might need that money for cigarettes (it is currency in prison).