Murdoch all wrapped up with the muslims
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Has major media company gone completely bonkers?
October 21, 2011
http://www.wnd.com/index.php?fa=PAGE.view&pageId=358561
Bin Talal has sunk more than $600 million in Fox parent News Corp. With a 7 percent stake, he's now the biggest shareholder outside the Rupert Murdoch family.
Murdoch and Alwaleed together operate a media venture called Rotana. Zawya Dow Jones New Service, which covers Mideast markets, grew out of the deal.
Khashoggi denied Murdoch is a partner in the Alarab venture. But Zawya Dow Jones itself reported last year that Alwaleed would launch "the news channel in partnership with the Fox Network."
Last decade, Murdoch attended an awards dinner honoring the prince in New York. It was thrown by the Arab Bankers Association of North America, a group that supports Shariah finance in America. Murdoch sat next to bin Talal at the head table.
The media mogul took the podium to praise the Saudi billionaire for his investment in News Corp.
"Very proud, we are, that Prince Alwaleed is one of News Corp.'s largest shareholders," Murdoch gushed.
The prince's website says he "intends to leverage its relationship with News Corp.'s management to identify new investment opportunities." He counts Fox's parent as a "core holding."
Bin Talal, who has been interviewed by Fox in flattering features, has boasted of his influence over Fox news content.
For instance, he recounted how when he saw Fox describing Muslim riots in France as "Muslim riots," he phoned Murdoch directly and had the wording changed within a half hour in order to delink Islam from the violence.
A Fox producer, moreover, suggested the Saudi shareholder also had a hand in unbooking authors of the bestselling "Muslim Mafia: Inside the Secret Underworld That's Conspiring to Islamize America," which exposes the Council on American-Islamic Relations and other Muslim Brotherhood front groups in America. Bin Talal has donated millions of dollars to CAIR, which was recently implicated in a terror plot to funnel money to Hamas suicide bombers and has since been banned by the FBI from outreach functions.
Despite proven terror ties, top CAIR officials are regular invited guests on the O'Reilly Factor and other Fox News shows.
Bloomberg, for his part, recently published a glowing profile of bin Talal in his Bloomberg Markets Magazine.
"The prince says his shift in strategy at Kingdom Holding may put him on a path to surpass the riches of the 79-year-old (Warren) Buffett," the article says.
"When he was my age, he was not as big as me," bin Talal is quoted as saying. "I still have 20 years."
Bin Talal says his goal is to be the largest foreign investor in America.
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