Murdoch Empire has Lost 3 Billion Dollars in past 48 Hours (MORE REVELATIONS TO COME!)

[kpete]

Murdoch Empire has Lost 3 Billion Dollars in past 48 Hours

London - Shares of News Corp., Rupert Murdoch's Media empire, plummeted on Friday amid concern that the British phone-hacking scandal would thwart it's bid to take full control of pay-TV giant BskyB.

News Corp. Stock was down 4.1 percent on the NASDAQ stock exchange as of 1630 GMT.
It has shed More than 7 percent since Tuesday, slashing the Company's market capitalization by more than three billion dollars.

http://www.google.com/hostednews/afp/article/ALeqM5iM6dNc-s5G_Nr17QyTeVs7OQ9e6w?docId=CNG.5406100473257ecc189bb5f467cffd8c.91


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Jul 08, 2011
Embattled Murdoch chief warns of more revelations in hacking scandal

Rebekah Brooks, the embattled executive in a phone-hacking scandal at a British tabloid, told employees at the soon-to-be shuttered News of the World there are more revelations to come, Sky News reports.

Brooks, head of News International, the British arm of Murdoch's News Corp., told employees she has "visibility" on revelations to come and in a year they will understand why the company made the decision to close the paper, Sky News reports. She said the paper had become "toxic" to advertisers.

..........

http://content.usatoday.com/communities/ondeadline/post/2011/07/embattled-murdoch-executive-warns-of-more-revelations-in-hacking-scandal/1?csp=34news

via:
http://www.dailykos.com/story/2011/07/08/992579/-Murdoch-Empire-has-Lost-3-Billion-Dollars-in-past-48-Hours?via=siderec

[The Velveteen Ocelot]

1. Couldn't happen to a more loathsome guy.

I am all a-tingle with schadenfreude.

[closeupready]

2. WOW.

Not looking good.

[proud patriot]

3. that put a smile on my face

[malaise]

4. I'm lovin' it

:rofl:
What's O'Liely saying??

[BR_Parkway]

5. Can you imagine if it took down the whole Murdoch machine? People

with that look of just waking up at the end of the horror movie as they realize FAUX news is nothing but static

[Rex]

6. Like I said in another thread, if there is ONE person on planet Earth

that deserves to drink gutter water at night...it is The Rupert.

[kenny blankenship]

7. At least there's one bright spot in the world, somewhere.

Two days of Good Tidings. Many happy returns.

[kpete]

8. nice

[mzmolly]

9. Perhaps he'll have to sell Fox "news" to Al Gore.

:P

[Octafish]

14. Now THAT would be Justice...

...at a total cost of $1 would be priced at what it's worth.

Now the DAMAGE it's done to the political system, nation and People? That's beyond measure.

[mzmolly]

16. Yes indeed! I love the $1 price tag.

Ha! :rofl:

I agree. The damage done by that organization is beyond measure. I hope the rat's karma is too.

:hi:

[jmowreader]

27. I don't want that at all. Not at all.

War story that has relevance here: Many, many years ago, when Bill Clinton was still the president, the company I worked for locked out a piece of equipment for servicing. On Friday right after lunch, our operator turned off the power, applied the locking device and began to service the equipment. At close of business the machine was still unsafe to turn on, so he left the lock on over the weekend. Unfortunately, over the weekend he was killed by a drunk driver.

It took about a week, a couple thousand dollars and a visit from both OSHA and the North Carolina version of OSHA before we could remove the lockout. The law says, very clearly, that ONLY the person who applied the lock can take it off.

So...I'm thinking that if we were to use the next contestant on Monday Night Rehabilitation: Huntsville, the Sunday before he's scheduled to appear, to apply the lockout device to Fox News' main breaker, by the time OSHA got around to going over there and removing the lock...oh, about six months from now...all their advertisers would have dumped them.

[intaglio]

10. I posted earlier that given the ease of hacking mobiles

It is very likely that the Murdoch group will have used the same tactic in the USA

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1435958

[LetTimmySmoke]

11. The Faux News house of lies has to come crashing down at some point.

[pacalo]

26. If Glen Beck could become as "toxic" to avertisers as NI, causing each to vacate their positions,

the same could happen to Fixed News with a collective movement of outrage.

[luv_mykatz]

12. Wonderful news!

I haven't felt this happy in a long time. May Faux Snooze Fraudcasting come tumbling down. :):toast: :bounce: :thumbsup: :loveya: :hug: :yourock:

[southernyankeebelle]

13. When you roll around with dogs you get fleas. Happy to hear of his downfall.

[underpants]

15. What's that I hear? Oh it is the market speaking

:rofl:

[applegrove]

17. I hope this story bleeds long and hard.

[jwirr]

18. Good. They deserve everything they get.

[Drahthaardogs]

19. I hope he winds up broke and in prison

It would be fitting.

[Maine-ah]

20. Murdoch heads to UK after third hacking arrest

http://www.abc.net.au/news/stories/2011/07/09/3265373.htm?section=justin

News Corporation chief Rupert Murdoch will jet into London on Saturday after the third arrest in a phone hacking scandal which has brought down the media mogul's biggest tabloid.

[BrightKnight]

21. He is a parasitic social cancer. - n/t

[Lugnut]

22. Good!

"Bring them on!" - George W Bush 07/02/2003

[defendandprotect]

23. Happy to see Murdock failing ... but who's profiting from his "losses" -- anyone know?

[donheld]

24. Murdoch Empire should be shrunk so it can be drowned in a bathtub.

[Fearless]

25. Best news I've heard all week.

[indepat]

28. A friend once proffered that time heals all wounds and wounds all

heels. A hell of a wounding would seem in the offing should that ditty have merit. :patriot:

[somone]

29. The Murdoch gang should be in jail

[Beaverhausen]

30. I feel sorry for the innocent employees of his companies

Murdoch will probably be OK but many of those who will lose jobs won't be.

[Uncle Joe]

31. Kicked but too late to recommend.

Thanks for the thread, kpete.

[blkmusclmachine]

32. .

:nopity:

[chowder66]

33. Thank you Hugh Grant!! nt

[etherealtruth]

34. I rarely express glee ...

related to the misfortune of others ...for this I'll make an exception.

Wooooo Hoooooo!