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Politics : Formerly About Advanced Micro Devices

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From: tejek	1/23/2010 7:10:49 PM
	2 Recommendations Read Replies (2) of 1577680

The Saudi-Beck Alliance by Jed Lewison Fri Jan 22, 2010 at 06:48:04 PM PST What do you think Glenn Beck's audience would say if you told them that the largest shareholder in News Corp., Fox's parent company, was none other than Prince Alwaleed bin Talal al-Saud of Saudi Arabia? This week, Prince Alwaleed bin Talal al-Saud of Saudi Arabia — the largest shareholder of News Corp outside the Murdoch family — endorsed Rupert Murdoch’s son James to succeed the elder Murdoch when he retires. Alwaleed, King Abdullah’s nephew, is Saudi Arabia’s richest person and the world’s 22nd wealthiest (Murdoch is number 132). He holds large stakes in many American companies, including Citi. The prince met with Murdoch last week to discuss a “future potential alliance with News Corp,” and he told Charlie Rose Wednesday about his respect for the Murdoch dynasty. Somehow it's not a surprise that the single largest shareholder outside of Murdoch's family is someone who directly benefits from Fox's claim that climate change is just a hoax.

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