Thursday, July 14, 2011

Bancroft Family Members Express Regrets at Selling Wall Street Journal to Murdoch

http://www.propublica.org/article/bancroft-family-members-express-regrets-at-selling-wall-street-journal-to-m

Bancroft Family Members Express Regrets at Selling Wall Street Journal to Murdoch
by Richard Tofel
ProPublica, July 13, 2011, 3:30 p.m

A number of key members of the family which controlled The Wall Street Journal say they would not have agreed to sell the prestigious daily to Rupert Murdoch if they had been aware of News International's conduct in the phone-hacking scandal at the time of the deal.

[.....]

The sale was contentious. Family members questioned Murdoch's journalistic practices and insisted on appointment of an independent panel to help safeguard the paper's ethics

[...] [But the sold it to him anyway.]

..

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