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How Murdoch's empire corrupted Politicians right up to Prime Minsters. Letters and emails dating back decades make it clear how Murdoch gained the power he did:
http://www.guardian.co.uk/media/gree...rdoch-thetimesMurdoch's meeting with Thatcher exposes his modus operandi
... Roy Greenslade
Saturday 17 March 2012 01.53 GMT ...
Rupert Murdoch has been caught out by yet another paper trail. The secret 1981 meeting between him and Margaret Thatcher was exposed because two documents were preserved - the note of the meeting at Chequers and Murdoch's thank you letter.
Similarly, his company's recent problems stem from the existence of Glenn Mulcaire's extensive documentation of his phone hacking activities on behalf of the News of the World.
And it is the Wapping email archive - a virtual paper trail, if you like - that has exposed yet more extensive misbehaviour within Murdoch's News International outfit.
In the end, as Murdoch may well reflect on re-reading his letter to Thatcher and Bernard Ingham's sober note of their meeting, the truth will out.
Mind you, it has taken 30 years for us to discover that truth. At last we know what many people - especially the then Sunday Times editor, Harold Evans - suspected at the time: Thatcher and Murdoch did talk about his bid to acquire The Times and Sunday Times.
The meeting amounted, at the very least, to a lobbying exercise by Murdoch. Reading between the lines it is possible to see it as a subtle plea for assistance.
He is making it clear that he is the perfect man to acquire the newspapers. He is the man to deal with the unions.
Without even needing to say it explicitly, Thatcher also understands what Murdoch's ownership can do for her.
Here, for the first time, is Murdoch's modus operandi laid bare. Throughout his long career, he has used political "friendship" to secure commercial advantage...
As Alway follow the link to the text of the original in full
Not surprising that the US is now investigating News Corp and its subsiduaries under the Foreign Corrupt Practices Act it now appears that Murdoch has once again shot the messenger:
http://www.guardian.co.uk/media/2012...on-fcpa-lawyerNews Corp dropped top US anti-bribery lawyer from its legal teamAmid possible US prosecution,
leading expert on FCPA stopped advising Murdoch empire soon after he was hired this summer
Ed Pilkington in New York
guardian.co.uk, Monday 5 March 2012 22.35 GMT
News Corporation, Rupert Murdoch's media empire that is under investigation by the FBI for possible violation of US anti-bribery laws, is no longer being advised by Mark Mendelsohn, one of the world's leading experts on the Foreign Corrupt Practices Act.
Mendelsohn was taken on by News Corp last July to head its legal team, advising the company on how to prepare for potential prosecution under the act as a result of the UK phone-hacking scandal. But the Guardian has learned that he was let go almost as soon as he was hired.
Mendelsohn was brought on board by Murdoch amid the maelstrom that followed the Guardian's revelation that the News of the World had hacked into the mobile phone of missing teenager Milly Dowler. His hiring by News Corp came first reported just two weeks after the Dowler story broke by one of Murdoch's own newspapers, the Wall Street Journal.
The newspaper said he had been retained from Paul Weiss, the international legal firm where he has worked as a partner since leaving the justice department in 2010.
Mendelsohn has consistently been reported over the past eight months to be acting as a leading legal adviser to News Corp on FCPA. However, his formal relationship with the company ended last summer, shortly after he was taken on by the firm.
Under the FCPA, companies headquartered in the US, such as News Corp, are liable to prosecution if they can be shown to have engaged in bribery of officials in foreign countries for company gain...
As Alway follow the link to the text of the original in full
It is no wonder News Corp shares are performing so badly and the boards that the Murdoch's are on are busy pushing them off the ledge.
http://business-standard.com/india/n...-board/468222/James Murdoch to leave Sotheby's board
Bloomberg / London/ New York Mar 19, 2012, 01:16 IST
James Murdoch, News Corp's deputy chief operating officer, will leave the board of Sotheby's auction house, following demands he resign over his role in a UK phone-hacking scandal.
Murdoch, 39, this year already resigned from the board of GlaxoSmithKline Plc and as executive chairman of News Corp's UK publishing unit News International. Murdoch also faces calls from investors to step down from the board of News Corp and as chairman of pay-TV company British Sky Broadcasting Group Plc...
As Alway follow the link to the text of the original in full
http://www.bloomberg.com/news/2012-0...w-says-1-.htmlNews Corp.’s Board Should Oust James Murdoch, CtW Says
By Amy Thomson and Edmund Lee - Mar 19, 2012 8:31 PM GMT
News Corp. (NWSA)’s independent directors should oust Deputy Chief Operating Officer James Murdoch from the media company’s board, said CtW Investment Group, an adviser to union-sponsored pension funds with more than $200 billion in assets.
Auction house Sotheby’s (BID) said March 16 that Murdoch will leave its board, following demands he resign over his role in a U.K. phone-hacking scandal. It was the third influential position he gave up in as many months, resigning from the board of GlaxoSmithKline Plc (GSK) in January and as executive chairman of News Corp.’s U.K. publishing unit News International last month. Murdoch also faces calls to step down from News Corp.’s board and as chairman of British Sky Broadcasting Group Plc.
“The rest of the News Corp. board and British Sky Broadcasting Group (BSY) have not responded to the credibility concerns of having James continue to serve on their boards,” CtW Senior Analyst Michael Pryce-Jones said in a phone interview.
CtW advises investors who together own about 8.3 million Class A shares of News Corp., according to Pryce-Jones. Jack Horner, a spokesman for News Corp., declined to comment.
News Corp. shareholders in October lodged a protest vote against Rupert Murdoch and his sons, following an annual meeting at which investors called for governance changes and an end to voting practices that cement the family’s control of the company. James received the highest percentage of votes against his election to the board, at 35 percent.
In November, one-third of BSkyB’s independent shareholders voted against James Murdoch’s re-election as chairman. News Corp. owns 39 percent of BSkyB.
News Corp. rose less than 1 percent to $20.12 at the close in New York. The shares have gained 13 percent this year...
As Alway follow the link to the text of the original in full
IbidLawmaker Tom Watson, a member of the UK's Labour party and Parliament's Culture Committee, said in July that Murdoch should face criminal charges and was unsuitable to be a director of BSkyB.
Murdoch "must be the first mafia boss in history who didn't know he was running a criminal enterprise," Watson said last year.
My use of bold in this quote
Apparently there are a mass of emails that have been discovered at the Indian email servers that Murdoch's empire tried to shred that are said to be "Bomb Shells". These have been mooted to be the cause for international arrest warrants to be issued against senior News Corp board members.
I wonder what the betting is, on James and Rupert falling off the back of boat with concrete galoshers?
Kind Regards walker
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Originally Posted by Zipper5
