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Notorious Saudi prince is Fox News Corp's 4th-largest voting shareholder

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Boy, this one sure slipped under the radar! Trento's piece came out on Feb. 3.

Funny how no one--but no one--is accusing Rupert Murdoch of selling out to (or "palling around with") terrorists....

MCM

Fox News Can't Upset Murdoch's Saudi Prince
by Joseph Trento
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http://www.dcbureau.org/20100203319/Trento-s-Take/trentos-take-fox-news-cant-upset-murdochs-saudi-prince.html

Last month I appeared on Fox News Network's morning show, Fox and Friends, to talk about airline security.
Normally such appearances end up as clips on the Fox News Web site. Granted, the Steve Doocy interview was hardly groundbreaking, but that is seldom a criterion for feeding the beast that is a major cable network news Web
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site. Curiously, I was quoted in a written piece on the site that got a fair amount of pick-up, but no video.
It was not until a few days later that I learned what may have been behind the absence of a video clip on the Web
site. I had said to Doocy that Saudi Arabian money was still financing Al Qaeda. Doocy did not react to my comment. But ten days later I learned that Fox's parent company, News Corporation, was, at the time of my interview, negotiating with a Saudi prince to vastly increase his stake in the company.
The notorious Prince Alwaleed bin Talal, nephew to the Saudi king, met with Rupert Murdoch in Hong Kong on Jan. 14. The prince issued a press release after the meeting stating that the prince's Kingdom Holding Company had discussions that "touched upon future potential alliances with News Corp."
By the time I appeared on Fox News, Prince Alwaleed was about to become News Corp's fourth largest voting shareholder (behind the Murdoch family, Liberty Media, and Fidelity Management & Research Co, a mutual fund).
The prince has repeatedly defended his homeland as a problem-free place. What he has failed to mention is that he has personally donated huge amounts of money to the families of Palestinian suicide bombers.
Alwaleed is the same Saudi prince who made headlines right after 9/11 when he personally went to Ground Zero and offered then-New York City Mayor Rudy Giuliani a $10 million check for the relief efforts. But Alwaleed could not keep his mouth shut. He released a bizarre statement that blamed the attacks - not on the 15 airline hijackers from Saudi Arabia - but on the United States' support of Israel. Giuliani, "America's mayor," saw a political opportunity and, confident that his reaction was appropriate, immediately refused the prince's donation. He said: "There is no moral equivalent for this attack."
<snip>

 

Mark's new book, Loser Take All: Election Fraud and the Subversion of Democracy, 2000-2008, a collection 14 essays on Bush/Cheney's election fraud since (and including) 2000, is just out, from Ig Publishing. He is also the author of Fooled Again: The Real Case for Electoral Reform, which is now out in paperback (more...)
 

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