http://news.yahoo.com/s/ap/20100117/ap_on_bi_ge/ml_saudi_alwaleed_news_corp
For information on the Saudi Prince’s connection to Obama, see above...
Click on Keyword: alwaleedbintalal
But Rush, Beck, Hannity, Coulter, Levin and Malkin are currently destroying Obama on the issues with the help of Murcock every day. They are destroying Obama on the issues including hammering Obama’s coddling of Islamist terrorists in civil court, rather than in military tribunals, and Obama’s refusal to describe Islamist terrorism as Islamist. This is hardly kowtowing to any sentiments that Prince Alwaleed might have.
Beck may have unfairly dismissive of “birthers” but he gives the correct answer to the ultimate question of the moment which is “Is it better for Obama to be defeated by exposure and education of the public of his radical progressive, socialist agenda, or to be exposed as being ineligible?”
If SCOTUS ruled tomorrow that Obama was ineligible and removed him, I would do handsprings, but the vast SEIU, ACORN, progressive academic and political power structure would still be intact and able to regenerate...with Hillary!
If you take a close look at the facts presented in the story at your link you will see that the prince owns only 5.7% of NewsCorp, which is hardly enough to exercise any editorial control or give instructions to Murdock. The prince does not even have a seat on the NewsCorp Board of Directors.
On the Newscorp Board are José María Aznar, the former conservative Prime Minister of Spain who was kicked out by craven fearful Spanish voter after Al Qaeda bombed the Madrid trains, and also Viet Dinh, who drafted the US Patriot Act. These folks seem hardly likely to cower before the prince.
See NewCorp 2009 proxy with details on directors beginning page 6:
http://investor.newscorp.com/secfiling.cfm?filingID=1193125-09-178387
The Prince also took a bath in 2008 on both Citicorp and Newscorp stock and is still underwater bigtime. His $ billions in multinationals vulnerable to terrorist activities and his entire royal family is on the Al Qaeda hit-list. The prince's alleged terrorist ties pertain to Saudi support for Hamas and Hezbollah funding Islamic “charities” which do provide hospitals and schools as well as back-door funding for terrorist activities to “liberate” Palestine from the “Zionist Entity”.
The expansion of ties to Murdock in the story is actually a story of Murdock gaining additional ownership of the prince's media company, not the other way around.
From the story:
“Prince Alwaleed bin Talal, a nephew of the Saudi king and who was listed last year by Forbes as the world's 22nd richest person, met with News Corp.’s chief executive Rupert Murdoch on Jan. 14 in a meeting that “touched upon future potential alliances with News Corp.,” according to a statement released by his Kingdom Holding Co. late Saturday.
“Media reports have indicated that News Corp, parent to Fox News and Dow Jones & Co., among others, may be thinking of buying a stake in Alwaleed’s Rotana Media Group, which includes a number of satellite channels that air in the Middle East.
“Neither company has commented publicly on the possible deal, but the talks offer an indication yet that such an agreement may yet be in the offing.
“Kingdom Holding's statement said Alwaleed is already the second largest stakeholder in News Corp., with 5.7 percent of the shares of the media company. The stake is held through Kingdom Holding, in which Alwaleed holds a 95 percent stake.
“The investment company has a diverse portfolio, ranging from hotels to shares in Apple, eBay and Citigroup.
“Alwaleed, and the investment firm, were hit hard by the global meltdown.”