Saudi Royalty Declares Full Faith in Murdoch

By NCD on Wed, 07/20/2011 - 5:50pm |

The Saudi potentate owns 7% of News Corp., parent corporation of Fox News. Between the royalty of oil rich sheikdoms, and the power mad right wing progeny of intolerant religious bigots from Adelaide, they are who own and control much of the world's news, print and TV. Money makes unusual partnerships.

Kingdom Holding Co. (KINGDOM)’s Prince Alwaleed bin Talal Al Saud, one of News Corp.’s largest shareholders, remains “both supportive and confident in the leadership of Rupert and James Murdoch,” he said in an e-mailed statement today.

URL:

http://www.bloomberg.com/news/2011-07-20/alwaleed-is-confident-in-murdochs-as-news-corp-besieged-by-hacking-case.html