BREAKING NEWS: Dow Jones director resigns:

[Subdivisions]

Dow Jones director Dieter von Holtzbrinck resigns to protest board's endorsement of News Corp.'s $5 billion offer. Full story to follow shortly.

http://online.wsj.com/public/us?refresh=on

Edited to add link to Full Story:

http://online.wsj.com/article/SB118479154947870694.html?mod=home_whats_news_us

[still_one]

1. Will it really matter? Can the Bancrofts actually stop it? /nt

[depakid]

2. I have a funny feeling this may be Murdoch's downfall

This time, he's gone a bridge too far and will be pissing off some very powerful interests, who aren't going to be too pleased with his agenda.

[OrangeCountyDemocrat]

4. I Think It's Quite The Opposite

Those same powerful interests, are probably right wing repubs, and they're plenty pleased with his agenda.

[depakid]

10. They won't be pleased when he meddles in their business affairs

and his agenda (in terms of how he runs papers) is not consistent with the interests of the businesses that relied on the journal for reasonably accurate financial reporting.

[quiet.american]

3. I thought there would be some resignations, but didn't expect it to go this far up the chain.

Good for him.

[Cooley Hurd]

5. Good for him! More people need to stand up to the FASCIST takeover of our nation!!!!

:thumbsup:

[DianaForRussFeingold]

6. OMG,That's Ruport Murdock -- Owner News Corp including the Infamous Fox News wanting to own the DOW

:yoiks: Australian-born United States citizen who is a global media executive and is the controlling shareholder, chairman and managing director of News Corporation, based in New York. Beginning with newspapers, magazines and television stations in his native Australia, Murdoch expanded News Corp into British and American media, and in recent years has become a leading investor in satellite television, the film industry, the Internet, and other forms of media.

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

[Miss Chybil]

8. And he's moving into China... nt

[DianaForRussFeingold]

12. HE'S a very powerful man to say the least !

I don't think Murdoch has our best interest at heart. I don't usually watch faux but I wanted to know how they are spinning this ominous deal http://www.youtube.com/watch?v=982NErsJd0w&mode=related&search=&v2 Murdoch Admits He Tried to Shape Public Opinion on Iraq
http://www.youtube.com/watch?v=JF9HpuZm6-g&mode=related&search= Obermann on Ruport Murdoch http://www.youtube.com/watch?v=u_eC3R6Xfvg&mode=related&search=

[Mabus]

7. This doesn't bode well

K&R #5.

[midnight]

9. I really don't understand what the dow board approval of

what seems to be a murdock co. means. What is interesting is that the dow is in New York, and Hillary and Schumer and Elliot Spitzer? are all Dems. So didn't Murdock recently through a party for Hillary. Does anyone see a connection of support their or not.

[Jack Rabbit]

11. Good for him

That is a principled stand.

We may disagree with the WSJ editorial page, but no one has ever seriously doubted the journalistic integrity of the Journal.

It appears that is about to change.

[Uncle Joe]

13. I'm just curious,

does anyone know if Murdoch is an American Citizen?

[DianaForRussFeingold]

14. He's an Australian-born United States citizen

Keith Rupert Murdoch (born 11 March 1931) is an Australian-born United States citizen who is a global media executive and is the controlling shareholder, chairman and managing director of News Corporation, based in New York. Beginning with newspapers, magazines and television stations in his native Australia, Murdoch expanded News Corp into British and American media, and in recent years has become a leading investor in satellite television, the film industry, the Internet, and other forms of media.

He is one of the few chief executives of any multinational media corporation who controls the company by reason of his own stake in it, held via a family trust.

http://en.wikipedia.org/wiki/Rupert_Murdoch Check out his Corporate holdings that he controls - http://en.wikipedia.org/wiki/News_Corporation#Holdings This site needs updating to include his new Wall Street buyout

[Uncle Joe]

15. Thank you for the information, DianaForRussFeingold.

:thumbsup: