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News Corp Hemorrhaging Money As Profits Drop By 55% Due To The Phone Hacking Scandal

August 27. 2012

 Rupert Murdoch

[Article background: this is another in the series of phone hacking articles the Judiciary Report has published, regarding a scandal I broke first in October 2005, via a police complaint I filed with the Metropolitan Police in London, England. 60 people have been arrested by the Metropolitan Police since the time I filed the complaint. However, the Murdochs and other key conspirators remain free and the FBI has not arrested anyone, though the crimes began and continue in News Corp's New York headquarters]

Boastful Rupert Murdoch, CEO of News Corp, went around bragging that his company was still making lots of money, despite the despicable phone hacking scandal that has shocked the world. However, the latest numbers released on News Corp reveal a 55% decline in profits. The company has also lost over $1.5 billion dollars over the legal wrangling in the phone hacking scandal.   

Murdoch is a madman spying on people and left his employees to take the fall for him and his corrupt family of criminals, thieves and perverts. The Murdochs need to be removed from News Corp because they are going to end up bringing the company down and into financial ruination. If the shareholders don't want to accept that, they are going to lose their money. A time is coming when News Corp is going to collapse under the weight of the Murdoch family's sins against the public, the full extent of which has not been revealed yet (but will be).

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