Not too far out of the realm of possibility that Prince Alwaleed is exerting his financier muscle here, too.
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Did Rupert Murdoch Just Push Out ‘Favored Daughter’ Rebekah Brooks To Save Son James?
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Excerpt?
So why did Rupert Murdoch’s top executive Rebekah Brooks — the woman he thinks of as a daughter, and whom he has stood by as the phone-hacking scandal threatens to take down News Corp — resign today?
*snip*
Even so, earlier this week amidst calls for her resignation from parliament, including Prime Minister David Cameron, Rupert stood firmly behind Brooks.
This followed last week’s speculation that he’d shut down his beloved News of the World in an effort to spare her.
So again, why now?
One answer is Rupert is running out of scape goats.
The turning point may have come last night when Saudi prince Alwaleed bin Talal al-Saud, News Corp’s second-largest shareholder, called for Brooks to step down.
In a interview on the BBC bin Talal al-Saud said:
“”For sure she has to go, you bet she has to go. Ethics to me is very important. I will not tolerate to deal with a company that has a lady or a man that has any sliver of doubts on her or his integrity.”
Read more: http://www.businessinsider.com/rebekah-brooks-rupert-james-murdoch-resign-2011-7#ixzz1SNCl4tEr
Thanks for the ping. I haven’t been following this Fox ‘scandal’. It sure seems that the other media outlets are blowing it out of proportion for their own nefarious purposes though.