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NewsCorp and Rupert Muroch grilled by stock holders due to over $1.25m+ in donations to GOP!!!
The Arrogance of a Fox!
Rupert Murdoch and the board of News Corp faced tough questions from their share holders today who were concerned over the large donations made to the GOP for the 2010 mid term elections.
Mr Murdoch reasoned that the doanations would be in the best interest of the company as well as the nation to promote the changes in policy made by the current administration led by President Obama.
When asked if they would from this time forward inform and make transparent further contributions to share holders in advance he responded a resounding "No, you have the right to vote us off of the board if you don't Like it".
Chris Hayes from The Nation and Keith Olberman take on Mr Murdochs arrogance:
A more detailed audio transcript is available at the Media Matters website as Chris Hayes said HERE.
Posted by Mark Sumpter
on 7:52 PM.
Filed under
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