American Fortune Life

To be honest, even Andy, the instigator, did not expect that his own fire would burn to the current level, and he also did not expect that the consequences would be so serious, including Rupert Murdoch.

The eavesdropping incidents had been exposed one after another as early as the end of 2006, but under the public relations of News Corporation, the incident did not cause much disturbance. However, this time, the flame that Andy Smith ignited was like a prairie fire, and various black materials about News Corporation were exposed.

People at this time found that, apart from the British princes and nobles, celebrities. Political dignitaries, murder victims and even family members of those killed in the July 7 bombing in London in 2005, as well as family members of those killed on 9/11, have all been targeted by the newspaper, and the incident has finally aroused public outrage. Everyone is aware of the possibility of becoming a victim, which also made the people of the United Kingdom and the United States jointly issue the torture of "where is the conscience of the media now"!

However, as the incident intensified, the attitude of Murdoch himself and many media standard-bearers in his empire in the face of the hacking scandal made people feel even more angry.

The 'buying news' scandal tabloid "The Sun" has seen few signs of scandal, while some serious media have not shied away from scandal, but they are more sympathetic to their boss Murdoch in their reporting, and the "Wall Street Journal" even blames critics Adopt "double standards" in the case of wiretapping.

Although the "Times" scrolls on its website like other media to report the latest developments in the hacking scandal. The Times report, however, focused on portraying Murdoch as an underdog under attack. . .

The Wall Street Journal has almost become a tool for dispelling rumors, claiming that the claim that International News Corporation was suspected of bribing the British police originally came from a rival newspaper, and was "quickly amplified by many media without confirmation."

And took over the function of the spokesperson, reiterating that News Corp. "has not found any indication" that the British branch of the company and its American branch "have any connection and similarity in the events experienced, the allegations and the actions taken." .

However, these did not stop the anger of the people in Washington and London. More and more American lawmakers expressed concern about the wiretapping incident and urged the FBI to investigate whether the call records of the "911" victims were wiretapped. Some civic groups directly proposed to hold a hearing in Congress on the hacking of News Corporation's newspapers.

Of course, the media opposed to the Murdoch Group will naturally not miss this opportunity to fully track all the details and progress of the wiretapping scandal. To be honest, in terms of public opinion orientation, Andy really didn't use too many resources to reach the point where Murdoch was the enemy of the whole people.

In fact, this is also very easy to understand. Over the years, the huge News Corporation has made many enemies in the incidents of mergers and acquisitions and changes of support parties. The crusade against the whole people, and the simultaneous pressure from the political circles of the United States and Britain, seem to mean that Murdoch and News Corporation are over.

The British "Guardian", "Daily Telegraph", "The Independent", "Daily Mail", "New York Times" and "Los Angeles Times" all continued to dig out the wiretapping scandal in important positions of websites and newspapers. The "Independent"'s excavation of scandals such as police leaks made News Corporation more and more passive. The "Daily Mail" used to be the most direct opponent of "News of the World" and "The Sun". The Daily Mail directly used headlines like "Murdoch Judgment Day" to attack opponents. . .

Rupert Murdoch, the legendary media tycoon, fell.

Falling from a height, he was defeated.

The "Washington Post" directly claimed that if Murdoch's "hacking" incident was proved to be at the behest or knowledge of Murdoch, then Murdoch would not only lose the News Corporation he had worked so hard for all his life, but he might also go to jail.

Murdoch's failure this time was not only due to his rebellion against the culture he insisted on, but more importantly his arrogance.

As a world-renowned business giant,

His warm relationships with the highest political figures in the country make him a formidable political figure. British politicians both love and fear him, and successive prime ministers have regarded him as a guest, and have ridiculed Ao Guanhai in private more than once, even claiming that the other party is not black at all. . . All kinds of past successes have formed his arrogant, strong, and stubborn attributes.

However, he never seems to have thought that News Corporation's monopoly in the UK and its dominance in the US have undermined the foundations of the Anglo-American society in safeguarding people's livelihood and freedom of information.

Things are always reversed. The attack by the British "Independent" may have Andy's selfish intentions, but the response and attack of other peer newspapers are behind the early prevention of the unimaginable monopoly of public opinion in the future. And now high-level political figures in the United Kingdom and the United States are unwilling to join them because they are avoiding the plague god, which also shows that these people are even more unwilling to become a pawn in Murdoch's political resource pool.

At this time in the UK, there is already a high voice that Murdoch has too much influence on British politics and public life, calling for revision of media ownership regulations and breaking up News Corporation.

As soon as this kind of voice came out, Murdoch really couldn't continue his arrogance. Splitting News Corporation would undoubtedly completely destroy the foundation of the empire. In the soil that made him so successful, he overused the soil that made him profitable, and was eventually abandoned by this soil.

On August 12, major newspapers in the United Kingdom and the United States published an apology letter from Rupert Murdoch, Chairman of News Corporation. He wrote in the letter that News Corporation deeply regrets the series of serious wrongdoings and victims that have occurred, and regrets that the wiretapping incident was not resolved as soon as possible. He also said an apology alone was not enough. In the days to come, News Corporation will solve the problem down-to-earth and try its best to make up for the losses caused, and please wait and see. . .

On August 13, News Corporation announced that its board of directors had approved a stock repurchase plan totaling $5 billion. The scale of News Corp.'s repurchase is significantly higher than the original plan of 1.8 billion US dollars. As investors worry that the suspension of News of the World will bring further negative impact to News Corporation, in the past few trading days, News Corporation's stock market value has shrunk by 7 billion US dollars. On the 12th, the stock fell again by 7.6%, the largest single-day drop since April 2009.

"what--"

"Wow!"

Andy Smith, who has returned to New York, is sitting on the boss chair in the spacious office of the classic and luxurious Rockefeller Center. He closes the unfolded newspaper in his hand, folds it, and throws it on the desk. How carefree and happy he felt at this moment.

"The repurchase plan... Hehe, there is no such thing as a good thing that can let you out of trouble!"

Boom——

"Boss, Mr. Vitley is here."

Andy glanced at the little assistant, nodded and said, "Let him in."

After finishing speaking, Andy stood up from the boss chair, walked to the hanger beside him, took off the light suit and put it on.

"Boss." Al walked into the office and called after seeing Andy.

"Are all the materials ready? Let's go, let's talk on the way." Andy asked first, then checked the time, and walked out while talking.

"It's all ready." Al followed up step by step.

"that's OK."

Andy walked into the elevator with Alvetrie, his assistants and bodyguards, and said to Al with a smile, "Have you read the newspaper this morning? News Corp. claims that their market value has shrunk by 7 billion. Unfortunately, we have earned a lot of money." Less than 2 billion."

Al could only laugh and shake his head at his boss's schadenfreude. The market value has shrunk by 7 billion US dollars, but it means that News Corporation has lost 7 billion. Many people compare "how much the stock is worth" with "the actual money" If you get confused, you will feel that when you fall, how much money is missing.

In fact, in the process of liquidity, the continuous buying and selling are amortized, while the total amount of market liquidity remains unchanged. Those so-called evaporating money and the money lost by stockholders are actually finally cashed out by shareholders of low-cost listed companies who reduce their holdings at a high level; Retail investors who enter and sell at a high level will then make a fortune; finally, countries and brokerages that guarantee income from droughts and floods will earn stamp duties, commissions, transfer fees, etc.

Therefore, this time their short-selling operation against News Corporation was undoubtedly very successful, and it can definitely be called a big profit.

However, his boss seems to be a little dissatisfied, and he is going to give News Corp. a fatal blow in the end.