Omid Memarian

Saturday, September 06, 2008

Tuesdays with Rupert

A good story about Rupert Rupert Murdoc in Vanity Fair October issue:
"uying The Wall Street Journal was surely an exercise of pure fantasy. To think he could take over a company absolutely controlled by a family that had repeatedly said it would never sell was fantasy. To think it was worth what he was paying for it was fantasy. And yet … now it’s his, and if his shareholders are puzzled and grumpy (News Corp. shares are down by more than 30 percent since he bought Dow Jones), so be it (he’ll ignore them as much as he ignores his other critics). He’s in it for the long haul—even at 77." (Read the rest of the story here)


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