Who owns Fox News? The second-largest holder of voting stock in News Corp. is Saudi Prince Al-Waleed bin Talal, a nephew of the Saudi king. On the morning show Fox & Friends, Fox News analyst Dan Senor referred to Waleed as the guy who tried to give Rudy Giuliani $10 million after 9/11 that was sent back and said he funds radical madrassas all over the world. Investigative reporter Neil Chenoweth of The Australian Financial Review has written extensively about corporate intrigue at News Corp. In an e-mail, he says Murdoch valued the prince for two reasons: His investment helped Murdoch hold some rival investors at bay, including Liberty Media CEO John Malone; and it helped him smooth the path for the expected succession of James Murdoch, his younger son. The neoconservative Muslim commentator Stephen Schwartz argues that the seeming tension between the princes investments and his charities provides evidence that he wants to keep one foot in Western business and political circles — and the other in radical Islamic camps.
Posted on: Fri, 28 Nov 2014 18:29:42 +0000
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