09-28-2005, 12:44 PM #1
Saudi Prince buys large stake in Fox News
According to a report by Gulf Daily News, Prince Al-Waleed bin Talal has purchased 5.46 percent of the Fox corporation.
The Saudi Prince, the nephew of the late King Fahd, was in the news when he visited the ruins of the World Trade Center shortly after the September 11th attacks on the United States and offered a $10 million check for relief efforts.
Prince Al-Waleed blamed the U.S. foreign policy and its blind support for the Jewish state for the attacks.
But the then-New York City Mayor Rudy Giuliani returned the prince's check with a statement that, "There is no moral equivalent for this attack. The people who did it lost any right to ask for justification when they slaughtered . . . innocent people ... Not only are those statements wrong, they're part of the problem."
09-28-2005, 12:54 PM #2
09-28-2005, 12:56 PM #3
Interesting. Im wondering how this changes how Fox does business.
09-28-2005, 01:07 PM #4Originally Posted by MASTERDBOL
As roidattack said, it will be interesting to see how it effects Fox, when the Saudi's own more and more share of their company.
09-28-2005, 01:34 PM #5
JDAWG loves the saudis.......he just bought himself a big brown vibrator......
09-28-2005, 01:41 PM #6Originally Posted by Badgerman
Did he have to wrestle it out of your ass?
09-28-2005, 01:45 PM #7
he isnt big enough of a shareholder to have much if any of a say.. so he will have to sit and preach to sandfleas
09-28-2005, 02:53 PM #8Originally Posted by roidattack
09-28-2005, 02:54 PM #9Originally Posted by Decadbal
09-28-2005, 03:03 PM #10Originally Posted by Decadbal
So 5% is pretty decent for one person.
09-28-2005, 03:14 PM #11
so we'll have more BS at fox news and propaganda
09-28-2005, 05:55 PM #12
If they did, then they are pretty dam smart, because newscorp has been kicking ass.
Oh and it was ass beads I got from Badgerman...lol
09-28-2005, 11:10 PM #13Originally Posted by Jdawg50
hugs and kisses,
09-29-2005, 05:53 AM #14Member
- Join Date
- May 2005
with the US trade/budget/account deficits soaring, forigners will be buying more and more assets it the USA
09-29-2005, 06:26 AM #15Originally Posted by Badgerman
09-29-2005, 08:25 AM #16Originally Posted by Badgerman
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)