I think this is much bigger than Obama v. Fox News (though I don’t doubt for a second they will go after Fox). This is global and, potentially, huge as it pertains to News Corp. I’m not rushing to judgment by any means, and as much as I loathe Obama and crew, this does not strike me as something cooked up by the White House.
Will they use it? Sure. But it sure looks like News Corp has some very serious culpability here.
Saudi Prince owns a significant share of Newscorp, and might now be able as events progress to pick up an enlarged position cheap..same for potential Soros interest. Newscorp and Fox may be coming up for grabs with Murdoch off balance and under increasing attack.