I use news aggregators like Reuters and Bloomberg, but mostly Google to 
find out about things. If it's important enough to me, I check three or 
four sources by using Google search.

Lonnie Courtney Clay


On Monday, April 22, 2013 3:41:55 PM UTC-7, nominal9 wrote:
>
> 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
>>
>>

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