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Topic History of: On this day in 1843...
Max. showing the last 5 posts - (Last post first)
Author Message
BR It could soon all end.

News International were already heavily in debt ( saw an interview with Murdoch on Bloomberg )before this crisis.

Could we see them selling off assets soon at knockdown prices to keep their business going.

I remember MAXWELL going the same way.

KARMA does seem to come into play eventually - and Murdoch and his ilk certainly may start reaping some of the misery that they have sown during the last 20 years around the World.

If I was an investor in News International I would be a very worried person because we could see some big names crash in all of this. The banks WILL pull the plug when they are stabilised - they are just waiting to claw back what they can from a position of strength.

They will then blame the recession on US for spending above our means.

The way the World economy is set up now is shocking.
JK2006 the first News of the World was published.

165 years later, how have they changed the world?
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