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Bad News For Rupert Murdoch As Panel Finds Him Unfit To Lead

Tyler Durden's picture




 

The parliamentary panel set up to determine the fate of Rupert Murdoch has spoken and it is not looking good for the media mogul whose empire is slowly being dismantled bit by bit:

  • RUPERT MURDOCH NOT `FIT' TO LEAD MAJOR COMPANY, PANEL SAYS
  • NEWS CORP. GUILTY OF WILFULL BLINDNESS OVER PHONE HACKING
  • MURDOCH EXECUTIVES MISLED PARLIAMENT OVER PHONE HACKING
  • NEWS CORP. STRATEGY WAS TO PROTECT JAMES MURDOCH, PANEL SAYS

We wonder what tipped them off: the years and years of accrued anger and hatred against a man who always had the trump card, which as it turned out was planted in various phone receivers across the country? Or maybe that giving a media company monopoly rights is not the best idea.

From BBC:

Rupert Murdoch "is not a fit person to exercise the stewardship of a major international company", MPs have said.

 

The cross-party culture committee questioned journalists and bosses at the now closed paper, as well as police and lawyers for hacking victims.

 

It concluded that Mr Murdoch exhibited "wilful blindness" to what was going on in his media empire.

 

And it said the News of the World and News International misled Parliament about the scale of phone hacking.

 

The committee of MPs began its inquiry in July 2011 in the wake of fresh newspaper revelations about the extent of hacking at the tabloid newspaper, with reported victims including the murdered schoolgirl Milly Dowler and the families of victims of the 7/7 London bombings.

More as we see it.

Live webcast of the panel here:

 

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Tue, 05/01/2012 - 06:40 | 2387610 Aziz
Aziz's picture

As much as I dislike Murdoch, I can't believe the arrogance and narcissism involved in Parliament believing they have the right to determine who can or cannot run a private business.

Tue, 05/01/2012 - 06:54 | 2387622 Dr. Engali
Dr. Engali's picture

Murdoch stepped in their territory. They reserve the right to wire tap people's phones.

Tue, 05/01/2012 - 08:55 | 2387800 Freddie
Freddie's picture

All the media and TV are scum along with the politicians.  The sheep love being brainwashed in HD on their flat screens morons.  If you watch TV - you deserve the serfdom you have.  

Sadly - the Tylers keep running O 2012 campaign banners ads for the fiat.  I guess I cannot blame them.

Tue, 05/01/2012 - 10:31 | 2388056 Zero Govt
Zero Govt's picture

Indeed. i watched an indigestable mix of CBS and BBc yesterday at my hotel and it was non-stop garbage propaganda, i could have puked after 20 minutes of this rotten shit

we had CBS spinning the US (biggest debtor nation) meeting with China (biggest creditor nation) as "humanitarian"... i suppose they had to deflect the issue of the US going over with an entourage of 200 crones with a begging bowl as something the US has as a moral high ground

but then we had the Nobel Peace Prize winning President Bumma refreshing his tyranical powers to shoot any US citizen without trial dribbling about some obscure Chinese dissident ...like he has no illegal murderous wars around the globe

then we had the Bent Broadcasting Corporation (BBC) telling us how the Met Office and Dept of the Enviroment still had 20 hose-pipe bans across England and Wales despite the country being flooded

a BBC 'journalist' (garbage collector) was telling us how wonderful these 2 Depts are "co-ordinating things"... she meant they just fuking waffle and are good for nothing

Then we had a Met Office retard tell us the mass flooding wasn't enough water to replenish the dry winter. If the ground was hard it wasn't enough and if the ground was wet it wasn't enough... so even though the ground is covered in 2 foot of water, wether the ground is hard or wet, it's still not enough to lift their moronic hose-pipe bans

(Sorry to go on, I rarely watch the box and this it pitiful prime time TV passing as "news" is a good reason why)

Any politicians telling Murdoch who is fit to run a business needs a pitchfork up their arse.. Westminster is an open human sewer of criminality with 2 illegal foreign wars ...fuck all politicians

Tue, 05/01/2012 - 07:23 | 2387634 _underscore
_underscore's picture

You're wrong factually here (as is the headline to this topic..) - listen to/read the report (or summary). The committee reports, it doesn't legislate or sponsor legislation. The findings & conclusions haven't been unanimously endorsed either - so 'Panel' is rather misleading, as it implies total agreement on all points by all members.

 In case you're wondering what this arcane system is called, it's called democracy, and those elected members have every right, as representatives, to do exactly as they have done - investigate & report.

 

Tue, 05/01/2012 - 13:28 | 2388638 RickC
RickC's picture

Agreed.  If their can be a government panel to evaluate CEO's, can we have a panel of CEO's to evaluate the governors?  I suspect the latter would be more formidible that the former.

Tue, 05/01/2012 - 06:40 | 2387612 UnpatrioticHoarder
UnpatrioticHoarder's picture

I did some dumpster-diving at the News Corp office in Canberra back in the day, found a few morsels.

http://limitednews.info

Tue, 05/01/2012 - 06:42 | 2387613 GeneMarchbanks
GeneMarchbanks's picture

Or maybe that giving a media company monopoly rights is not the best idea.

That seems about right, one set of people not 'fit' to lead anything calling a monopolist unfit.

Tue, 05/01/2012 - 06:46 | 2387617 Robslob
Robslob's picture

 

 

Maybe we are all missing the point...hacking phone lines and wire tapping is clearly the government's job and that is why he is on trial.

Sometimes mainstream media loses its place...unfortunately that is about 99% of the time.

Tue, 05/01/2012 - 07:11 | 2387639 _underscore
_underscore's picture

In all the news/evidence I've been privvy to, NI has never been accused of 'wire tapping' - unauthorised phone email access, yes. This is the 2nd time in as many comments that inaccurate remarks have been made -I had expected ZH posters to be  a little more acute I must say.

Tue, 05/01/2012 - 07:14 | 2387644 DavidC
DavidC's picture

Good point.

DavidC

Tue, 05/01/2012 - 09:06 | 2387823 smiler03
smiler03's picture

 "I had expected ZH posters to be  a little more acute I must say."

 

Lately ZH readers are showing themselves to be ill informed, stupid and ovine. The ignorance of some have no bounds.

Tue, 05/01/2012 - 06:51 | 2387620 Mongo
Mongo's picture

Now imagine that panel reviewing Ben Bernanke...

Tue, 05/01/2012 - 06:52 | 2387621 Let The Wurlitz...
Let The Wurlitzer Play's picture

Thats hilarious - the people that are "NOT fit to lead" are telling Murdoch that he is not fit to lead.

This world is up side down.

 

Tue, 05/01/2012 - 07:17 | 2387648 _underscore
_underscore's picture

Perhaps you're confusing the UK government with the UK Parliament here. The committee is made up from members of Parliament - not the Government. The committe report can't tell anyone they're not fit to lead - that's just the view of a few committe members & as a result the report hasn't been fully endorsed by all members.

Tue, 05/01/2012 - 06:54 | 2387624 Peter Pan
Peter Pan's picture

What other conversations of polticians, regulators or royalty were they also listening to over the years?

Tue, 05/01/2012 - 06:59 | 2387628 gastrolith
gastrolith's picture

When Murdoch bankrupts an entire country and condemns future generations to a mountain of crushing debt, give me a call.

Tue, 05/01/2012 - 07:47 | 2387681 LongSoupLine
LongSoupLine's picture

When you are less jaded and believe in corporate ethics and moral behavior, give us a call.

Tue, 05/01/2012 - 07:06 | 2387633 Mae Kadoodie
Mae Kadoodie's picture

What's the average age of Parliment, like 25?

Tue, 05/01/2012 - 07:17 | 2387650 It is a bargin ...
It is a bargin my friend's picture

Your confusing age with IQ there.

Tue, 05/01/2012 - 07:20 | 2387653 williambanzai7
williambanzai7's picture

Wilful blindness, the new corporate contagion.

Tue, 05/01/2012 - 10:39 | 2388085 Zero Govt
Zero Govt's picture

it would be fine if our beloved shithole, Westminster, was persecuting every newspaper in Blighty as they were all at it because it was not illegal

so we have reached the end-game of this pitiful show-trial where MP's are firing empty bullets based on some vacuous moral high-horse saying Murdoch is "not fit" to run a business

this is a storm in a teacup with only one aim, for the crooks behind Govt to nobble one fo the few independtants/mavericks/talents in the destitute and rotten media space

it's a stitch-up job Banzai, same as the Strauss-Khan drubbing you mis-called 

Tue, 05/01/2012 - 12:41 | 2388531 _underscore
_underscore's picture

Well, if that was the aim it sure took a long time - about 35 years...  News Corps sole market aim was to obtain monopoly status in the UK & banish the BBC & true investigative/innovative journalism to the same space as now exists in the USA - I'm sure you must love Fox news!

If the 'talent' you esteem consists of media promoting wall-to-wall pay-tv sports & celebrity gossip, I guess you'll have to put up with OK! magazine & Sky now - still available BTW - as are the other News Corp rags the Sun & Times. I don't know where this idea 'nobble' comes from News Corp were given every opportunity to come clean in 2008-9 & investigate this internally - it seems they chose not to do this effectively & simply backed themselves into a corner.

I wonder who these 'crooks behind government' can be, the only prime parties I'm aware of championing this are the MP Tom Watson & Guardian newspaper - hardly the powerful controllers of Governments & Macchaviellian manipulators I would say! (in fact just the opposite..)

 

 

 

Tue, 05/01/2012 - 07:36 | 2387670 LongSoupLine
LongSoupLine's picture

So, I guess his dream as "sir" Rupert is right out then.

Tue, 05/01/2012 - 07:37 | 2387671 hedgeless_horseman
hedgeless_horseman's picture

No deniziens of corporatocracy shall go to jail and The Empire shall prosper.  

Tue, 05/01/2012 - 07:40 | 2387673 hayesy316
hayesy316's picture

If it were up to British MPs, major companies would be run by people like David Cameron and Ed Miliband.

Tue, 05/01/2012 - 07:52 | 2387686 youngman
youngman's picture

something about a pot calling the kettle black....comes to mind.....the market will dictate if Murdock can run a business...seems like he is doing very well...and the LIBERALS hate that....that is what this is about...you should hear CNN and Bloomberg berate him.....he is trash in their minds because he is a little consertative.....see FOX News......

 

but the funny thing is the reporters were searching for the truth...lol....not the lies the people spew over the mics....what they really mean and said...lol...that is why you hack...or wire tap....lol

Tue, 05/01/2012 - 07:59 | 2387691 _underscore
_underscore's picture

But the market is dictating already - go & check!  (Sorry, couldn't understand the rest to be honest..)

Tue, 05/01/2012 - 07:56 | 2387690 Chuck Walla
Chuck Walla's picture

Can we get the Fed in front of such a board?  Or Obama?

Tue, 05/01/2012 - 08:06 | 2387702 Milton Waddams
Milton Waddams's picture

Grand distraction from the fact that I'm tunneling into the webcam on your tablet to watch your wife change right now.  And yes, your choice in music is quite lame.  

Tue, 05/01/2012 - 08:14 | 2387713 tnfcfa
tnfcfa's picture

The story here is why the govt't has an opinion about the leader of a private company?  The state has the right to prosecute crimes (and should), but this is a shareholder matter.  Again, the ever intrusive reach of global governments....

 

Tue, 05/01/2012 - 08:32 | 2387738 _underscore
_underscore's picture

People here really do have a problem when it comes to distinguishing between the UK Government & the UK Parliament. Perhaps a good analogy for Americans are the US Govt. Executive & Congressional committees

A Parliamentary committee (that's old plain elected non-govt members, not paid government ministers or others) are investigating the working practices of a company because one of more ciitizens have raised concerns & claims of possible wrondoing/negligence/corporate mismanagment etc. over that company. I'm not sure where you're from tnfcfa, but I hope you have that democratic institution & facility establised in your country, if not I'd ask why.

Was it simply 'a shareholder matter' when BP (in concert with other parties), polluted the Gulf of Mexico?

 

Tue, 05/01/2012 - 08:55 | 2387796 Seize Mars
Seize Mars's picture

Um, is it me? Parliament - deciding some guy is "unfit to lead?"

Parliament?

Ok, ok. Let's say that the media is essentially shitty, bribe taking pack of liars A, and shitty, bribe taking pack of liars B. So "Parliament" decides that the leader of shitty, bribe taking pack of liars A is unfit to lead A. Has anyone looked into B's leadership?

Wed, 05/02/2012 - 01:26 | 2390335 Peter K
Peter K's picture

It's all about breaking the Leftist/Media Industrial Complex. Rupert don't play by the rules, so he needs to get squashed.

 

BTW, wonder how many of the inquisitors ever built a medai company, let alone ran a sandwich shop?

 

Folks, you just can't make this stuff up:)

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