Columbia Journalism Review – Both the New York Post and Fox News maintain enemy lists. Almost anyone who has directly crossed these organizations, or who has made trouble for their parent company, will have felt the sting here. Threats pervade the company’s basic view of the world. “We have stuff on him,” Murdoch would mutter about various individuals who I mentioned during my interviews with him. “We have pictures.”
For all the talk of the need for investors to avoid panic, hedge funds have been dumping the shares and debt of many of their favorite companies, according to investors and traders, contributing to a downdraft in many stocks.
