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The Water Cooler
See other The Water Cooler Articles

Title: Murdoch Fallout Spreads: Dow Jones CEO Les Hinton Resigns
Source: RAWSTORY
URL Source: http://www.rawstory.com/rs/2011/07/ ... ones-ceo-les-hinton-to-resign/
Published: Jul 15, 2011
Author: Stephen C. Webster
Post Date: 2011-07-15 19:51:56 by Brian S
Keywords: None
Views: 15357
Comments: 29

Les Hinton, the chief operating officer of Dow Jones, which publishes The Wall Street Journal, is resigning, the newspaper's website said late Friday.

Word of Hinton's resignation comes amid an unprecedented wave of scandals that has rocked News Corporation's British newspaper holdings, forcing the resignation of News International CEO Rebekah Brooks earlier this morning.

Hinton is the former chief of News International, which oversees global media mogul Rupert Murdoch's British newspapers.

As one of Murdoch's top deputies for over 50 years, Hinton oversaw the News Corp. subsidiary while a number of its papers were allegedly engaging in phone hacking and bribery, targeting British officials, celebrities, terrorist attack victims, the families of dead soldiers and others.

He's on record as claiming just one of the company's journalists was responsible for the phone hacking, which he allegedly determined after an internal investigation.

"Let me emphasize one point - News Corporation is not Rupert Murdoch," Murdoch wrote in a memo to Dow Jones employees. "It is the collective creativity and effort of many thousands of people around the world, and few individuals have given more to this company than Les Hinton."

"I want you all to know the pride and pleasure I have taken working at Dow Jones for the past three-and-a-half years. I have never been with better, more dedicated people, or had more fun in a job," Hinton wrote in his resignation letter.

U.S. officials with the Department of Justice and Federal Bureau of Investigation have formally launched investigations into the New York-based News Corp. to determine whether any of its employees targeted U.S. citizens or officials in their schemes.

British officials were already investigating the firm. Australia, where Murdoch is a citizen, said it too is considering launching an investigation.

So far, nine arrests have been made by British police.

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Begin Trace Mode for Comment # 13.

#1. To: Brian S (#0)

OMG!!!

Will you still get your CHECK, Baghdad Bob???

Capitalist Eric  posted on  2011-07-15   19:56:06 ET  Reply   Untrace   Trace   Private Reply  


#4. To: Capitalist Eric, All (#1)

Attention Everyone.

Capitalist Eric is a paid op of Murdoch.

I'll need an Alt Arguement to explain why he's defending the Rat bAstard....;}

8D

After a week of silence on the matter....8D

mcgowanjm  posted on  2011-07-15   22:10:44 ET  Reply   Untrace   Trace   Private Reply  


#9. To: mcgowanjm (#4)

Eric is a paid op of Murdoch.

Please provide your "evidence."

Oh, can't DO it?

Then SHUT THE FUCK UP.

Capitalist Eric  posted on  2011-07-15   22:44:33 ET  Reply   Untrace   Trace   Private Reply  


#10. To: Capitalist Eric (#9)

Then SHUT THE FUCK UP.

That must mean you plead guilty.

mininggold  posted on  2011-07-15   23:54:14 ET  Reply   Untrace   Trace   Private Reply  


#13. To: mininggold (#10)

LMFAO 8D

BTW....

BUMP

mcgowanjm  posted on  2011-07-16   9:37:32 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 13.

#14. To: All (#13)

So when do we find out how many "PR Advisors"

the FBI has hired from FOX NEWS.....8D

"Scotland Yard's most senior officers tried to convince the Guardian during two private meetings that its coverage of phone hacking was exaggerated and incorrect without revealing they had hired Neil Wallis, the former deputy editor of the News of the World, as an adviser.

The first meeting in December 2009, which included the Metropolitan police commissioner Paul Stephenson, was two months after Wallis was employed by the Yard as a public relations consultant.

Wallis, 60, who was deputy to Andy Coulson, the NoW editor at the time of the phone hacking, was arrested on Thursday as part of Operation Weeting."

mcgowanjm  posted on  2011-07-16 09:38:56 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 13.

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