the link isn't working . and as much as you think it is playing into his hands it isn't, all he's doing is shoring up the price of the stocks he has so they don't drop any lower. if you think what's unfolding is playing into murdoch's hands, and you think him such a midas; can you tell us why he didn't actually create such a false disaster sooner? seriously, if you think what's happening isn't affecting murdoch or his family in a bad way and you think he's going to end up making millions or billions out of it you're really wrong.
now the b sky b deal has all but fell through he has a surfeit of cash that he has to put work in order to not lose more than he already has.
buying his own stock is one of the ways to do this and as i say, sure up his own equity he holds in his existing stock. his stocks may rise a little from the purchase but they'll begin to fall again once he's spent up. his problems are really only just starting now they've hit the usa. the same politicians who slept with him will now carve him up. and his beloved readers will move on to other tabloids.
now the b sky b deal has all but fell through he has a surfeit of cash that he has to put work in order to not lose more than he already has.
buying his own stock is one of the ways to do this and as i say, sure up his own equity he holds in his existing stock. his stocks may rise a little from the purchase but they'll begin to fall again once he's spent up. his problems are really only just starting now they've hit the usa. the same politicians who slept with him will now carve him up. and his beloved readers will move on to other tabloids.