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[personal profile] purejuice


...as Murdoch's daughter and NI's major shareholder attack her.

Trix's resignation -- reportedly tendered for the third time -- appears to have been accepted after News Corp's biggest shareholder, Prince Al-Waleed bin Talal Al Saud, told the BBC's "Newsnight" Thursday night she needed to be gone.

On Thursday, the 80-year-old media tycoon had come out all guns blazing, telling his Wall Street Journal he would get over the crisis and insisting his company had handled the phone-hacking scandal "extremely well".

But later that day the corporate death knell was sounded for Brooks after the second largest shareholder in News Corporation, Saudi prince Al-Waleed bin Talal Alsaud, said that if there was evidence of Brooks's "explicit" involvement in the alleged illegal activity, "for sure she has to go, you bet she has to go".

"Ethics to me are very important. I will not deal with a lady or a man that has any sliver of doubt on her or his integrity."

Worse, the friendship Brooks so carefully nurtured with Murdoch's second eldest daughter, Elisabeth, over the past 10 years appeared to have crumbled.

The Daily Telegraph reported that the 42-year-old TV executive had told friends that Brooks had "fucked the company".

However, a source close to Elisabeth Murdoch said: "The Telegraph story was a gross lie placed by someone with an agenda. Liz in no way holds Rebekah responsible."



The Conservative prime minister, the leadership of Britain's coalition government (Labour's Miliband and Lib Dems' Clegg) have all called for Brooks' resignation one way or another in the past 10 days, blandishments she seems to have weathered. I think Saud's oily threat is the only one these thugs take seriously.

Murdoch apologizes in full page ads, over his signature, purchased in newspapers all over Britain.

In further evidence for NI's bad reputation for nepotism among investors, a syndrome they call "the Murdoch discount", Rupe's daughter Elisabeth, a former TV exec for Murdoch slated for a News International board seat, has made "a furious attack" on the flame-haired editrix, according to the Daily Telegraph. They are the same age and apparently rivals in Daddy's business.

Meanwhile, it is revealed the prime minister entertained the former News of the World exec he hired as Conservative party spokesmodel months after Coulson, who was arrested last week in the NotW phone hacking investigation, resigned in disgrace.

Haven't gleaned the full deets, the method in the madness, or the theory of the case. I don't believe the spread stateside of the scandal (Jay Rock and others calling for investigation of the 9/11 vics phone hacking, possible prosecution here in the US of News International for crimes committed in Britain) has any substance.

I think what does have substance over here is the story about how the Bancroft family, sellers of the Wall Street Journal, who made a big effort to fire vault the integrity of same, would today not have sold it to Murdoch had they known about the phone hacking. The Bancroft sellers' remorse story was co-published by ProPublica and the Guardian.

This has the seeds of real action, my nose for news tells me. What they are I can't suss out right now. It has everything to do with Roger Ailes' Fox news "brain room", whatever shredding and terabyte deletion Roger Ailes is up to this minute, the curious Murdoch-generated toothlessness of the WSJ integrity committee and the firing of editor Brauchli, and James Murdoch's move to New York.


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January 2012


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