Wednesday, October 26, 2011

Rupert Murdoch: News Corp's Great Dictator on the Brink


nder normal circumstances, Rupert Murdoch doesn't have much patience for the annual shareholders' meetingsthat are required by law of American public companies. He regards them as a farce, because they cannot change the outcome in a company where a voting majority is secure, and as an exercise in liberal corporate law designed to put him personally on the spot.

Still, his handlers, whose job is, in part, to protect him from himself, have long made him train for these meetings as though he's going into a presidential debate. Without rigorous practice, he is quite liable to not pay attention and appear quite bewildered, or pay too much attention and explode in fury, or worse, truthful exasperation. READ MORE

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