The right hand woman of Rupert Murdoch was arrested by British authorities. She is facing charges with respect to phone hacking and corruption. An arrest warrant for Rupert Murdoch will follow. Rupert is a US citizen. He could flee to the USA and possibly avoid extradition to Britain to face the phone hacking and corruption charges there. Sadly for him the US FBI has opened an investigation on him for phone hacking and similar charges. Eventually he ahd his son will be indicted. Rupert Murdoch is 80 years old and will not get a long jail sentence. His son is much younger and will get up to 5 yeaqrs int he US after having been convicted.
My advice to Rupert Murdoch and his son is that they should flee to the United Arab Emirates and prepare for their retirement in this dessert oasis. They are finished in the US and the rest of the civilized world.
My readers buy News Corp shares in this depressed situation. They will make money as new management replaces the Murdochs.
Life takes us in many strange directions and wonderful discoveries. It never turns out the way we thought it would.
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