Posts Tagged ‘News Corp’

Dysfunctional Family Business

I once worked for a successful company headed by its mercurial founder just when the enterprise increasingly became an instrument of personal vendettas, rather than a business, as the owner aged, ungracefully.  The heirs were either deemed unworthy or estranged; so an endless string of managers, chosen not generally for their inherent brilliance but their [...]

FOX Phobia

Delighted as I am by the relentlessly cascading developments surrounding Rupert Murdoch’s beleaguered empire, I don’t share the optimism of worthies such as Eliot Spitzer who think  Foxworld ought to now be investigated by the DOJ under FCPA, the pretty straightforward Foreign Corrupt Practices Act that News Corp has evidently repeatedly violated.  For a lot [...]

Job Creators

Well, it looks as though ol’ Rupert Murdoch found a suitably Galtian solution to his little crime spree as it started to get hot: fire a whole bunch of random people, except, of course, those responsible.  On Sunday, the undoubtedly checkered 168-year history of The News of the World comes to an abrupt and ignominious [...]