rats deserting s sinking ship.
Murdoch's right-hand man Peter Chernin is departing
News Ltd. Chernin was responsible for the mega-money making film Titanic which boosted News Ltd's coffers by a lazy billion or so-he was paid $US127 in just the past 3 years and gets either a $30M or $90M payout as he departs, depending on circumstances.
According to the new sensational Murdoch biography by
Vanity Fair's Michael Wolff ( who Rupert must now regret giving interviews to) Chernin decribes Murdoch's kids and successors, James, Lachlan (married to supermodel Sarah O'Hare) and Elisabeth (married to PR suremo Mathew Freud)as "the cretins".
The Titanic known as News Corp has hit an iceberg-shares have plunged 55%-a $10 Billion loss was just announced.
And poor little Alfie's going down with the ship with Max Clifford's deal scuppered.
more at :
www.crikey.com.au/Business/20090225-Cher...olden-parachute.html
Forums 
