shining knight of news reporting...?....the printed press is usually better at both hard news and opinion....though there are some stinkers there, too....I like the Christian Science Monitor, usually.... and, you may not like it but the NYTimes is usually spot on as to the facts in their hard news, although you may not agree with some of their "conclusions" slant....I like English Press, too... BBC, Guardian, Daily Mail for soft news... but there too the "conclusion" slant is "left"... otherwise spot on factually most of the time....Bloomerg, Reuters, AP mostly good to go... Wall Street Journal... not so much since "Rupert" took it over....
CNN. too far right for me.... and MSNBC... not left enough.... HAR... On Monday, April 22, 2013 11:53:53 AM UTC-4, Lonnie Clay wrote: > > So where's the shining knight of news reporting? It's certainly not CNN... > Lonnie Courtney Clay > > On Monday, April 22, 2013 7:49:14 AM UTC-7, nominal9 wrote: >> >> See, Lonnie?.... this is the Fox I know and deride....HAR >> >> http://www.bloomberg.com/news/2013-04-22/news-corp-agrees-to-139-million-investor-suit-accord.html >> >> News Corp. Agrees to $139 Million Investor-Suit Accord >> By Jef Feeley - Apr 22, 2013 9:53 AM ET >> >> - Facebook >> Share<http://www.facebook.com/sharer.php?u=http%3A%2F%2Fbloom.bg%2F17dGtii&t=News+Corp.+Agrees+to+%24139+Million+Investor-Suit+Accord> >> >> - >> - >> LinkedIn<http://www.linkedin.com/shareArticle?mini=true&url=http://www.bloomberg.com/news/2013-04-22/news-corp-agrees-to-139-million-investor-suit-accord.html&title=News%20Corp.%20Agrees%20to%20%24139%20Million%20Investor-Suit%20Accord&summary=News%20Corp.%E2%80%99s%20directors%20agreed%20to%20a%0A%24139%20million%20settlement%20of%20investors%E2%80%99%20claims%20that%20they%20turned%20a%0Ablind%20eye%20to%20illegal%20conduct%20at%20the%20media%20company%2C%20including%0Aphone%20hacking%20by%20employees.&source=Bloomberg.com> >> >> - Google >> +1<https://plus.google.com/share?hl=en&url=http://www.bloomberg.com/news/2013-04-22/news-corp-agrees-to-139-million-investor-suit-accord.html> >> >> - 0 >> Comments<http://www.bloomberg.com/news/2013-04-22/news-corp-agrees-to-139-million-investor-suit-accord.html#disqus_thread> >> >> - >> - >> Print<http://www.bloomberg.com/news/print/2013-04-22/news-corp-agrees-to-139-million-investor-suit-accord.html> >> >> - QUEUE >> Q >> >> News Corp. (NWS) <http://www.bloomberg.com/quote/NWS:US>’s directors >> agreed to a $139 million settlement of investors’ claims that they turned a >> blind eye to illegal conduct at the media company, including phone hacking >> by employees. >> >> Insurance covering News Corp.’s >> board<http://www.bloomberg.com/quote/NWS:US>, >> including Chairman Rupert >> Murdoch<http://topics.bloomberg.com/rupert-murdoch/>, >> will fund the settlement of >> lawsuits<http://www.bloomberg.com/quote/NWS:US>seeking to hold directors >> accountable for the scandal sparked by the >> exposure and attempted cover-up of illegal reporting tactics used by some >> News Corp. journalists in the U.K., according to a statement today by the >> company and shareholders who sued. The money will go into the company’s >> coffers rather than to individual investors. >> [image: Rupert Murdoch: $12 Billion Net Worth at Age 82] >> 0:39 >> <http://www.bloomberg.com/video/rupert-murdoch-12-billion-net-worth-at-age-82-TsliYh7ZQD%7Ece4w7r3%7EtYw.html> >> >> >> April 18 (Bloomberg) - Bloomberg's Betty Liu profiles News Corp. chairman >> Rupert Murdoch and the power he holds in the media industry. >> >> As part of the settlement, News Corp. officials agreed to tighten >> oversight of the company’s operations and set up an anonymous >> whistle-blower’s hotline for tips about misconduct, according to Delaware >> Chancery Court filings. Shareholders who sued alleged the board’s lax >> oversight allowed wrongdoing to flourish at the company and harmed its >> stock price. >> >> “As a condition of the settlement, these enhancements will be adopted by >> both companies that emerge from the” split of New York-based News Corp. >> into two public companies, officials said in the statement. >> Largest Accord >> >> The settlement is the largest ever reached in a so-called derivative >> lawsuit in Delaware Chancery Court, said Jay >> Eisenhofer<http://topics.bloomberg.com/jay-eisenhofer/>, >> a lawyer for one of the suing shareholders, Amalgamated Bank. Eisenhofer is >> a partner at Wilmington, Delaware-based Grant & Eisenhofer. >> >> “We are proud of this historic settlement, which continues the >> 20-year-history of Amalgamated Bank encouraging corporate reform and >> improved corporate governance,” Edward Grebow, the bank’s president, said >> in a statement. Amalgamated Bank’s LongView Funds hold more than 455,000 >> News Corp. shares, according to the statement. >> >> News Corp. agreed last year to separate slower-growing publishing assets >> from its Fox television and film businesses after coming under pressure >> from shareholders. Murdoch will remain chief executive officer of the Fox >> side, News Corp. said. >> >> “We are pleased to have resolved this matter,” Nathaniel Brown, a News >> Corp. spokesman, said in an e-mailed statement. >> Hacking Arrests >> >> Today’s settlement is part of News Corp.’s push to move past the scandal >> over some journalists’ illegal reporting tactics and allegations that >> company executives covered up the practices. About 80 people have been >> arrested in connection with criminal probes, including Rebekah Brooks, the >> head of News Corp.’s U.K. publisher. >> >> News Corp. journalists are accused of hacking mobile-phone messages of >> more than 600 people, including U.S. actors Brad >> Pitt<http://topics.bloomberg.com/brad-pitt/>and Angelina >> Jolie <http://topics.bloomberg.com/angelina-jolie/>, soccer player Wayne >> Rooney <http://topics.bloomberg.com/wayne-rooney/> and murdered British >> schoolgirl Milly >> Dowler<http://www.cnn.com/2012/11/28/world/europe/milly-dowler-profile>. >> >> >> Last week, British prosecutors said the top editor of News Corp.’s Sun >> tabloid newspaper will be charged with authorizing bribes to public >> officials. >> >> Fergus Shanahan approved payments totaling 7,000 pounds ($10,600) to a >> public official in exchange for information between 2006 and 2007, >> according to a statement from the Crown Prosecution >> Service<http://topics.bloomberg.com/crown-prosecution-service/>. >> The bribes were uncovered as part of the hacking-scandal probe, prosecutors >> said. >> >> British lawmakers last year concluded Murdoch wasn’t “a fit person” to >> lead a major international company after finding News Corp. officials >> misled Parliament about the extent of phone hacking at the News of the >> World tabloid newspaper, which was closed in the wake of the scandal. >> ‘Blind Eye’ >> >> Murdoch “turned a blind eye and exhibited willful blindness to what was >> going on in his companies,” the House of Commons Culture Committee said in >> its report. News Corp. (NWSA) >> <http://www.bloomberg.com/quote/NWSA:US>directors countered that they >> maintained “full confidence” in Murdoch’s >> ability to lead the media company. >> >> Amalgamated Bank, based in New York<http://topics.bloomberg.com/new-york/>, >> and a Louisiana pension fund claimed in a lawsuit that some board members >> knew as early as 2009 that company reporters in >> England<http://topics.bloomberg.com/england/>routinely hacked into phones >> and bribed British police for stories. >> >> Still, directors refused to seriously probe claims of illegal reporting >> tactics for fear of angering Murdoch and his children who serve as News >> Corp. executives, lawyers for the City of New Orleans Employees Retirement >> System and Amalgamated Bank said in court filings. >> >> At a hearing last year before Chancery Court Judge John Noble in Dover, >> Delaware <http://topics.bloomberg.com/delaware/>, News Corp.’s lawyers >> disputed investors’ claims that board members participated in a cover-up >> because they were beholden to Murdoch and his family. >> ‘Evidence Shows’ >> >> “Rather than ignoring and covering up these matters, the evidence shows >> the board” moved to address the scandal quickly and openly, Gregory >> Varallo, a News Corp. attorney, told Noble. The judge had been deciding >> whether the case could proceed when it was resolved. >> >> News Corp. shareholders originally sued over the $675 million purchase of >> a U.K.-based television production company owned by Murdoch’s daughter, >> Elisabeth. They later amended their suit to focus on the phone-hacking >> scandal. >> >> “When institutional investors work constructively to improve corporate >> governance practices, good things happen,” Mark >> Lebovitch<http://topics.bloomberg.com/mark-lebovitch/>, >> a New York-based lawyer who represented the New Orleans pension fund, said >> in an e-mailed statement. >> >> The case is In re News Corp. Shareholder Derivative Litigation, CA 6285, >> Delaware Chancery Court (Wilmington). >> >> To contact the reporter on this story: Jef Feeley in Wilmington, Delaware >> at jfe...@bloomberg.net >> To contact the editor responsible for this story: Michael Hytha at >> mhy...@bloomberg.net > > -- You received this message because you are subscribed to the Google Groups "Epistemology" group. To unsubscribe from this group and stop receiving emails from it, send an email to epistemology+unsubscr...@googlegroups.com. To post to this group, send email to epistemology@googlegroups.com. Visit this group at http://groups.google.com/group/epistemology?hl=en. For more options, visit https://groups.google.com/groups/opt_out.
