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alp227

(32,047 posts)
Thu Jun 28, 2012, 03:20 PM Jun 2012

Rupert Murdoch snubs Britain and says he will invest his billions in the US

Source: The Guardian

Rupert Murdoch appears to have turned his back on Britain following his humiliation over the phone-hacking scandal.

In an interview with the Fox Business channel on Thursday following New Corporation's confirmation that it was splitting into two companies, entertainment and publishing, Murdoch said he would be "a lot more reluctant" to invest in Britain now, compared to the US.

The News Corp chairman and chief executive also told Fox Business host Neil Cavuto it was "highly unlikely" that his eldest son, Lachlan Murdoch, would run the new newspaper, book publishing and education company.

Once Britain's most powerful media figure, Murdoch has seen his bid for broadcaster BSkyB blocked and his reputation dragged through the mud following the phone-hacking revelations. Last month a parliamentary committee said he was not a fit and proper person to run a major corporation.

Read more: http://www.guardian.co.uk/media/2012/jun/28/rupert-murdoch-snubs-britain-billions

41 replies = new reply since forum marked as read
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Rupert Murdoch snubs Britain and says he will invest his billions in the US (Original Post) alp227 Jun 2012 OP
but we tax billionaires too much! doesn't he know rich people are fleeing america because of taxes? unblock Jun 2012 #1
Ouch liberalmike27 Jun 2012 #5
He's more than welcome to shove it all up his ass. nt Guy Whitey Corngood Jun 2012 #2
He doesn't seem to like living by laws! teddy51 Jun 2012 #3
Laws are for little people! IrishAle Jun 2012 #32
Keep your blood money, fucko Blue Owl Jun 2012 #4
the American system is set up so perfect for him LiberalLovinLug Jun 2012 #6
agree on all your points plus the zombies here already dig his style lunasun Jun 2012 #11
+1 harun Jun 2012 #13
You said it, and you are right... n/t clang1 Jun 2012 #17
Shit, does this mean he's coming back? nt Deep13 Jun 2012 #7
"not fit and proper" to run a corporation? American politicians love that kind of guy nt msongs Jun 2012 #8
He should move to be closer to his principle investors. leveymg Jun 2012 #9
Bribing us not to prosecute? aquart Jun 2012 #10
HEEEEH HEEEEH.... The FBI did look at an Investigation... NOW, what is the status of this! clang1 Jun 2012 #18
Imagine this guy-HE feels betrayed but thinks nothing of fucking over the parents of a dead child MichiganVote Jun 2012 #12
Of course he would say that clang1 Jun 2012 #14
I would be so happy for him to get the fuck out of Britain Anarcho-Socialist Jun 2012 #15
We don't NEED him n/t clang1 Jun 2012 #25
That's fine. Perfect actually. mwooldri Jun 2012 #16
Legal question cstanleytech Jun 2012 #19
It is interesting to me to think about Murdoch and him being an Australian clang1 Jun 2012 #20
For Murdoch its all about hte $$$ though and I think the manipulation cstanleytech Jun 2012 #21
So far as if IT EXISTS. IT DOES EXIST, THAT IS FACT clang1 Jun 2012 #22
They own at least 40% of the voting stock dipsydoodle Jun 2012 #36
He can only be disbarred from being a director here dipsydoodle Jun 2012 #37
Can he be barred from holding stock with voting rights and or from exercising said cstanleytech Jun 2012 #38
Not as far as I'm aware. dipsydoodle Jun 2012 #39
To bad. nt cstanleytech Jun 2012 #40
Rupert is 1000 years old, tick tock ilikeitthatway Jun 2012 #23
Revamp?.... THE WOLF IS ALWAYS THE WOLF. THAT IS NATURE. clang1 Jun 2012 #24
Uh Oh the British pissed him off? abelenkpe Jun 2012 #26
No one likes a crybaby criminal. Prometheus Bound Jun 2012 #27
I hope he doesn't take those billions and invest them in Republican politics. Auntie Bush Jun 2012 #28
THAT IS EXACTLY where those BILLIONS WILL GO clang1 Jun 2012 #29
Dear Mr Murdoch magic59 Jun 2012 #30
MURDOCH is a Neo-Fascist clang1 Jun 2012 #31
Oh that's OK Murdoch... you can spend you BILLIONS in Britain... *really* shcrane71 Jun 2012 #33
I wish he'd have to pay for his crimes by being excluded from owning LiberalLovinLug Jun 2012 #34
there must be a lot of more skeletons waiting to come out there samsingh Jun 2012 #35
Congratulations to the great nation of Great Britain. Uncle Joe Jun 2012 #41

unblock

(52,307 posts)
1. but we tax billionaires too much! doesn't he know rich people are fleeing america because of taxes?
Thu Jun 28, 2012, 03:21 PM
Jun 2012

Blue Owl

(50,489 posts)
4. Keep your blood money, fucko
Thu Jun 28, 2012, 03:28 PM
Jun 2012

You've made your millions turning the world into a goddamned toxic waste zone -- we want no part of it...

LiberalLovinLug

(14,176 posts)
6. the American system is set up so perfect for him
Thu Jun 28, 2012, 03:31 PM
Jun 2012

A phone hacking charge here would be largely ignored by the corporate press, and besides the courts here have ruled that lying is ok for a news media network. America is truly the land of opportunity for scoundrels like Murdoch. His claws will only sink deeper into what we hear and watch. Beware...the internet is the next thing to devour.

 

clang1

(884 posts)
18. HEEEEH HEEEEH.... The FBI did look at an Investigation... NOW, what is the status of this!
Thu Jun 28, 2012, 06:15 PM
Jun 2012

You are correct... The FBI did look at an Investigation here in America... NOW, what is the status of this Investigation!


That HE COMES HERE is BRIBERY....and the CORRUPT system that EXISTS HERE IN AMERICA.

I just do not know what to do myself....Not with what I see around me in America, and here too. I don't know what to do...but WE HAVE got to do something....We have no choice but to do something. There is just no other option.















Meanwhile....The Progression continues......



 

MichiganVote

(21,086 posts)
12. Imagine this guy-HE feels betrayed but thinks nothing of fucking over the parents of a dead child
Thu Jun 28, 2012, 04:59 PM
Jun 2012

Oh yeah--we just about need another assclown in the US

 

clang1

(884 posts)
14. Of course he would say that
Thu Jun 28, 2012, 05:09 PM
Jun 2012

It's EASIER here, He is not being Prosecuted Here......for Security State style VIOLATIONS of the LAW.

FOX is here.... Makes sense to me he would say this...


I hope that people UNDERSTAND the reasons why Murdoch said this...and what it means as well.

He ONLY said that because he got CAUGHT. Spying on PEOPLE in UK, and in Russia even... He is NOT MORAL. You can see this with your own two eyes if you have MORALS.

He JUST SAID Himself that HE IS NOT MORAL. I do not even need to say it. Well, YET AGAIN, People need to Choose Their Friends WISELY.

I only ask how is this man a friend of America? I mean PEOPLE SEE and HEAR FOX LIE, every single day. I do not understand....but I DO UNDERSTAND when I FRAME things for WHAT THEY ARE. All I need do is look around me to do this...Same for EVERYONE else.
I SINCERELY hope people at least pick up a dictionary and look up the word: TYRANNY.
For your own sakes, I would suggest this. I CARE.

This is a Petulent man with Billions of Dollars that has been SPYING on PEOPLE.

SCARY..Nor NEED I explain here how CORROSIVE Fox News is to AMERICA. Everyone Already KNOWS.


Countries are just like people, they are comprised of people, just as people need to choose their friends wisely, so do countries.

















Meanwhile...The Progression continues.....

Anarcho-Socialist

(9,601 posts)
15. I would be so happy for him to get the fuck out of Britain
Thu Jun 28, 2012, 05:27 PM
Jun 2012

His vile newspapers continue to poison public discourse and is the subject of many hateful myths which become accepted as "common knowledge".

mwooldri

(10,303 posts)
16. That's fine. Perfect actually.
Thu Jun 28, 2012, 05:41 PM
Jun 2012

As the article states - not a fit and proper person to run a major corporation.

There's plenty of money... look at the City of London. They can make it and lose it. Quickly.

There's also plenty of room to fill the News International void when it shrinks down.

cstanleytech

(26,317 posts)
19. Legal question
Thu Jun 28, 2012, 06:18 PM
Jun 2012

If I recall Murdoch would have faced being found unfit to run a major media corporation if so could they (the UK government) have ordered his removal? If yes then could they also find him unfit still and remove him from being in charge of the media portion of the new split company still if they find that he split it to avoid losing control of the company alltogether?

 

clang1

(884 posts)
20. It is interesting to me to think about Murdoch and him being an Australian
Thu Jun 28, 2012, 06:25 PM
Jun 2012

it makes me think about the CIA MANIPULATIONS of the Australian Elections during the 1960s.

I GUESS I FIND IT IRONIC THAT MURDOCH NOW MANIPULATES OUR COUNTRY.















Meanwhile.....The Progression continues...


cstanleytech

(26,317 posts)
21. For Murdoch its all about hte $$$ though and I think the manipulation
Thu Jun 28, 2012, 06:32 PM
Jun 2012

if it exists (and I believe it does) is his method of getting it.
But anyway I would still be interested in finding out if he could still lose control over both companies regardless of the split.


Oh and BTW alot of people kind of find the repeated use of caps to be rude and tantamount to shouting in an online forum, just giving you a heads up.

 

clang1

(884 posts)
22. So far as if IT EXISTS. IT DOES EXIST, THAT IS FACT
Thu Jun 28, 2012, 06:35 PM
Jun 2012

Have you not seen the film 'Falcon and the Snowman' even? That film is NOT FICTION.

MEN WENT TO PRISON BECAUSE IT EXISTS.

http://en.wikipedia.org/wiki/The_Falcon_and_the_Snowman

The Falcon and the Snowman is based on the true story of former altar boy and former Catholic seminary student Christopher Boyce and fellow former altar boy turned drug dealer Andrew Daulton Lee, two young men from wealthy California families who sold classified government information to the Soviet Union during the mid 1970s.


AGAIN I ASK....WHERE ARE WE WITH HISTORY? WHO IS BRADLEY MANNING?

WHY IS BRADLEY MANNING BEING HELD? WHY HAS HE BEEN TORTURED?


AGAIN: PEOPLE NEED TO PICK THEIR FRIENDS WISELY.














Meanwhile.....The Progression continues...

dipsydoodle

(42,239 posts)
36. They own at least 40% of the voting stock
Fri Jun 29, 2012, 10:18 AM
Jun 2012

and as such they can't lose control. Managing the situation like that isn't really surprising given they started the company and, like it or not , made it prosper. There isn't much that could make them sell that stock.

Although the stock prices are currently more or less at an all time high , last year, when they dropped , it enabled News Corp to buy back $5 billion or so at lower prices than other would otherwise have been so. Aside from that the value of the company also increased by $5 billion http://www.bloomberg.com/news/2012-06-27/murdoch-s-humble-day-reaps-5-billion-for-news-corp-investors.html

Sometimes you really can't make this shit up - they do say there's no such thing a bad publicity.



Yes - unnecessary use upper case is like a silent scream.

dipsydoodle

(42,239 posts)
37. He can only be disbarred from being a director here
Fri Jun 29, 2012, 10:21 AM
Jun 2012

assuming he is one and I'm not sure that he is. He cannot be barred from holding stock.

dipsydoodle

(42,239 posts)
39. Not as far as I'm aware.
Fri Jun 29, 2012, 11:38 AM
Jun 2012

I doubt sincerely anyone has ever foreseen such circumstances arising and changes in our Companies Act take years to put in place - there's also no such as a back dated change in that Act.

ilikeitthatway

(143 posts)
23. Rupert is 1000 years old, tick tock
Thu Jun 28, 2012, 06:40 PM
Jun 2012

tick tock.

Just wait until all the kids go after that money. He's got like 50 kids.

Fox Noise will be sold to someone else, and they'll probably revamp it. Whatshisface who controls everything, is extremly obese and in his 70s (I think). Bottom line: we're coming to the end of this nightmare, folks!

I would have loved to see Rupert behind bars.

 

clang1

(884 posts)
24. Revamp?.... THE WOLF IS ALWAYS THE WOLF. THAT IS NATURE.
Thu Jun 28, 2012, 06:41 PM
Jun 2012

THE WOLF IS ALWAYS THE WOLF. THAT IS NATURE.


NATURE DOES NOT REGRESS, IT EVOLVES. UNDERSTAND.


Wolves do not evolve into better things...and they ALWAYS need to EAT. THAT IS WHAT THEY DO IN NATURE.


That is what is happening here... The Wolf does not become something better....it's ORIGIN is still that of a WOLF.

That is the WORLD.

People need to look around, and pick up a book or two. We need more than books right now.



PFC MANNING SITS IN THE SAME PLACE AS OTHERS HAVE ALREADY SAT. HISTORY OF MAN REPEATS ITSELF WHEN IT IS ALLOWED TO DO SO.


DO PEOPLE HERE TRUST THESE MEN? OR THE WAY THAT THE WORLD WORKS? I SIDE WITH WHAT I SEE OF THE WORLD. NOT WHAT SOMEONE TELLS ME TO SEE.


HISTORY HAS REPEATED ITSELF. WHY IS FOX AND MURDOCH ANY DIFFERENT THAN THIS? THAN NATURE EVEN? THEY ARE NOT GOD!!!!! THEY ARE THE WOLF AND ALWAYS WILL BE THE WOLF. SEE IT.


It is all just insane. BUT NORMAL. IT IS THE CURRENT NATURE OF THINGS UNLESS PEOPLE CHANGE THEM. IT IS OUR WORLD AFTER ALL.


PEOPLE MUST MAKE THE PROPER CHOICES.


Meanwhile.....The Progression continues......


Auntie Bush

(17,528 posts)
28. I hope he doesn't take those billions and invest them in Republican politics.
Thu Jun 28, 2012, 08:09 PM
Jun 2012

Or use them in packs used against Obama.

He has less control in the UK so now he wants more control in the US. He scares me!

 

clang1

(884 posts)
29. THAT IS EXACTLY where those BILLIONS WILL GO
Thu Jun 28, 2012, 09:13 PM
Jun 2012

We have already SEEN this.... Why would this change? It will not..




CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....CITIZENS UNITED....





SEE IT FOR WHAT IT ALL IS PEOPLE.....THERE ARE NO CONSPIRACIES WHEN EVERYTHING IS FLAT IN YOUR FACE. THERE IS ONLY FACT.




Meanwhile...The Progression continues....


 

clang1

(884 posts)
31. MURDOCH is a Neo-Fascist
Thu Jun 28, 2012, 09:26 PM
Jun 2012

That is what He IS. THE WORLD SAYS THIS, IF YOU PICK UP A NEWSPAPER AND READ IT.
PEOPLE JUST NEED TO LISTEN AND SEE. IT IS ONLY COMMON KNOWEDGE NOW.










Meanwhile....The Progression continues.....


shcrane71

(1,721 posts)
33. Oh that's OK Murdoch... you can spend you BILLIONS in Britain... *really*
Fri Jun 29, 2012, 12:07 AM
Jun 2012

We don't want you here any longer.

LiberalLovinLug

(14,176 posts)
34. I wish he'd have to pay for his crimes by being excluded from owning
Fri Jun 29, 2012, 01:43 AM
Jun 2012

Like Rush Limpballs and his ostracism when it came to him buying an NFL team because of his racist comments previously.

It would be satisfying if he had to exist on his own island with his stacks of money that he couldn't use for anything other than lavishing his own lonely existence.

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