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Murdoch-gate: Rupert flies to the UK and the Church of England writes him a scathing

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salin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 07:57 AM
Original message
Murdoch-gate: Rupert flies to the UK and the Church of England writes him a scathing
letter.

from the Guardian Blog http://www.guardian.co.uk/media/blog/2011/jul/09/phone-hacking-newsoftheworld#block-12

he Church of England has written to Rupert Murdoch to condemn the phone hacking scandal and to demand that News Corp executives clean up journalistic practices in the company.

The Church of England Commissioners for England owns £3.7m ($6m) of News Corp shares. In a letter to Murdoch, the chairman of the church's Ethical Investment Advisory Group, investment banker John Reynolds, warned insisted that the board of News Corp "takes all necessary measures to instil investor confidence in the ethical and governance standards" of the company.
--
While the EIAG welcomes the decision to close the News of the World, this action is not a sufficient response to the revelations of malpractice at the paper. Nor does it address the failure of News International and News Corporation executives to undertake a proper investigation and take decisive remedial action as soon as the police uncovered illegal phone hacking in 2006.


Follow up discussion on the Church's letter: http://www.guardian.co.uk/media/blog/2011/jul/09/phone-hacking-newsoftheworld#block-16

Professor Richard Burridge, deputy chairman of the church's Ethical Investment Advisory Group, said the threat of disinvestment could have an impact in spite of the relatively small amount of shares - £3.7m - it holds in News Corp.

...
The Rev Canon Jonathan Alderton-Ford, a vicar in Bury St Edmunds, Suffolk, and a General Synod member, added that senior figures in the church were embarrassed by its holdings in News Corp.

I can certainly say that clergy and lay people that know about it are of a mind that we should divest ourselves of this investment or we should be pressing through our ownership for change in the leadership at News Corp.


more snow is sticking to that snowball suddenly cascading down the mountain side that bridges NewsInternational to NewsCorp.
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fascisthunter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 08:02 AM
Response to Original message
1. F*ck News Corp, F*ck Murdoch and ALL of News Corps Investors
Edited on Sat Jul-09-11 08:03 AM by fascisthunter
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salin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 08:11 AM
Response to Reply #1
3. That is exactly why it is interesting to watch the speed of this story unfold...
imagine a greatly hobbled and weakened NewsCorp. In just a couple of days it went from a NoTW scandal to a NewsInternational scandal (all UK media operations) and a very possible scuttling of the deal to fully take over BSkyB broadcasting in the UK - and now is morphing into a NewsCorp scandal. Murcdoch et al are no longer fully in control of this thing.
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fascisthunter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 08:23 AM
Response to Reply #3
5. It is a Beautiful Thing to Observe....
someday there will be a documentary on this fascist and how his propaganda giant was used by conservatives political parties to gain intelligence and destroy its political enemies.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 08:08 AM
Response to Original message
2. Check this link
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salin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 08:13 AM
Response to Reply #2
4. Watching now. Have you watched the Olbermann video (linked on the front page)?
Its a good analysis.

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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 01:10 PM
Response to Reply #4
6. Yep - thanks n/t
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