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News Corp. phone hacking scandal cited in investor lawsuit

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NEW YORK — A group of US investors have amended their lawsuit against Rupert Murdoch’s News Corp to include Britain’s phone-hacking scandal as evidence of a nepotistic corporate culture “run amuck.”

Two pension funds and New York-based Amalgamated Bank, which manages about $12 billion for institutional investors, accused Murdoch of “a long history of abuses” in their lawsuit, originally filed in March.

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New allegations that a Murdoch-owned tabloid newspaper, News of the World, hacked the voicemail of a murdered girl and slain British soldiers led the plaintiffs to add fresh ammunition to their lawsuit this week.

“These revelations show a culture run amuck within News Corp and a board that provides no effective review or oversight,” reads the amended suit, which was filed in the US state of Delaware.

“It is inconceivable that Murdoch and his fellow board members would not have been aware of the illicit news gathering practices.”

The lawsuit was originally filed to challenge News Corp.’s $675-million acquisition of Shine, a television and film production company run by Murdoch’s daughter Elisabeth.

The lawsuit denounced the deal as part of a pattern of “rampant nepotism,” stating: “Throughout his tenure, Murdoch has treated News Corp like a family candy jar, which he raids whenever his appetite strikes.”

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Australian-born Murdoch, now a US citizen, has built News Corp. into a global media empire which spans newspapers, television and Hollywood movies and wields immense political influence.

The group shut down the News of the World, one of Britain’s most powerful newspapers, this week in response to a slew of accusations involving phone tapping, payments to police and other questionable behavior in covering the news.


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MSNBC’s ‘demotion’ of ‘feckless’ Chuck Todd celebrated: ‘Hurray! More Nicolle, less Chuck’

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MSNBC host Chuck Todd was moved to an earlier timeslot where his show, "Meet the Press Daily," will likely earn lower ratings. Meanwhile, Nicolle Wallace seems to have been promoted to a two-hour timeslot leading into primetime.

Wallace, who has extensive experience in Washington, previously served in George W. Bush's White House until abandoning the GOP as the era of Trump came to power.

Todd has made several missteps where he's been unwilling to press GOP leaders who lie openly and obviously on camera.

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George Conway blasts ‘blundering cheat’ Trump in new op-ed: ‘His name should live in infamy’

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Prominent conservative attorney George T. Conway III has written yet another Washington Post op-ed blasting President Donald Trump.

"If there’s one thing we know about President Trump, it’s that he lies and he cheats. Endlessly," Conway wrote. "And shamelessly. But still, mostly, incompetently."

"So it should have come as no surprise that Trump finally went where no U.S. president had ever gone before. In a tweet last week, he actually suggested that the country 'Delay the Election.' That trial balloon was a brazen effort to see if he can defraud his way into four more years in the White House," he explained. "And why not try? After all, Trump has managed to swindle his way through life, on matters large and small, essential and trivial."

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Trump’s ‘delay the election’ tweet laid the groundwork for him and his followers to have an excuse if he loses

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Writing in The New York Times this Monday, Gail Collins and Bret Stephens discuss their contention that President Trump is seeing the writing on the wall regarding the 2020 election, an analysis born from his recent tweet where he suggests delaying the election.

According to Stephens, Trump's tweet is a sign that he knows "in his heart" that he's going to lose in November.

"He’s laying the groundwork not for a coup but for an excuse, both for himself and for his followers," Stephens says. "It creates a mythology to explain defeat, attack Joe Biden and keep the Trump family relevant in the Republican Party. The fact that he’d pull a stunt like this is another reason it’s so important that he lose in a landslide in November."

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