All Fall Down: Dow Jones CEO and WSJ Publisher Resigns Amid News Corp. Scandal
- Posted on July 15, 2011 at 9:26pm by
Becket Adams
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Les Hinton, the chief executive of Dow Jones & Co., resigned Friday as a result of unrest caused by the News Corp. phone-hacking scandal. This makes him the latest executive to step down because of growing pressure rising from the story.
Hinton served as executive chairman of the British unit that oversaw the News Corp.’s U.K. tabloid newspapers that have become the focus of the scandal. He held that post for 12 years. Hinton was also a member of the board of The Associated Press and became head of Dow Jones in December 2007, after its acquisition by News Corporation.
According to the Associated Press, “Hinton’s resignation Friday comes on the same day that News International chief executive Rebekah Brooks quit, following the phone hacking scandal that has rocked Rupert Murdoch’s news empire.”
In a statement released earlier Friday, Hinton claims that he was “ignorant of what apparently happened” but felt it was appropriate that he resign.
“He apologized for the hurt caused by the actions of journalists who worked for the now-shuttered tabloid, News of the World.”
Included in a farewell e-mail sent out Friday afternoon, Hinton wrote:
“News Corp under Rupert’s brilliant leadership has proved a fitting parent of Dow Jones, allowing us to invest and expand as other media companies slashed costs. This support enabled us together to strengthen the company during a brutal economic downturn, developing fine new products – not to mention one of the world‘s great newspapers led by one of the world’s great editors, my dear friend and colleague Robert Thomson.”
It continued, “However difficult this moment is for me, I depart with the certain knowledge that we have built the momentum to take Dow Jones on to ever greater things.”
In response to the resignation that came as a surprise to many, Rupert Murdoch wrote an e-mail to Dow Jones employees that read:
“On this difficult day we should appreciate that [Hinton's] extraordinary work has provided a platform for the future success of Dow Jones. And his great contribution to News Corporation over more than five decades has enhanced innumerable lives, whether those of employees hired by him or of readers better informed because of him.”
It is unclear where the chips may fall, but so far it does not look good for Murdoch’s news empire.




















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Comments (91)
Robert999
Posted on July 16, 2011 at 1:50amWhat is happening is the liberals and commies are using this to take down a conservative media mogul. These crimes (if they are crimes) are minor and there is no proof Murdoch knew about them. I bet if he did, he maintained plausible deniability. Fox and the other Murdoch operations are the only conservative media we have in America. We can’t let them be destroyed.
Report Post »CatB
Posted on July 16, 2011 at 2:44amI agree ROBERT .. I smell set up .. by the same people who supplied guns to Mexican Drug Lords … and M-13 in Hondourus. They think they are above the law … we must show them they are not!
FAST AND FURIOUSGATE = impeachable offenses.
TEA!
Report Post »grandmaof5
Posted on July 16, 2011 at 9:52amThe left knows all about plausible deniability, they, and the Obama administration have been using it for years. The difference is, the left promotes its culprits (ususlly finding a home with the Obama administration or Spooky Dude) and the right fires/or allows to resign, theirs. Murdoch will come out of this but the MSM will drag it on and on getting the most damage as possible out of it.
Report Post »SacredHonor1776
Posted on July 16, 2011 at 10:35amObama wants his venezuela style news, any way he can…
Will they also try to go after Glenn beck wince they realize how much a threat he still poses?
Report Post »thebarbarian
Posted on July 16, 2011 at 1:37pmset-up . yes.
now for some questions:
1- why is it ok for all the other media sites to hack e-mails and the like and defame consevatives and libertarians?
2- why is it ok for them to fabricate lies and/or take things completely out of context?
3- why are their no inquaries into these nefarious actions?
4- why is it that when I watch the other so called news there is no to extremely scant mention of the financial crisis, oil/gas crsis, food crisis, cotton shortage, the middle east’s plan to erradicate once and for all the Children of The Book(that’s you out there who are either Jews or Christians)-(and if you did not know who the Children of the Book are :WHY NOT)
I believe the answers quite clear. I also believe that this will be one of our mkost powerful weapons. For example : when questioned by progressives on redistribution to help the poor. That in a civilized society it is to be expected. My answer is : “Scince when is theft civilezed and it is multiple theft. 1GOV ,2 The leaches demanding a free ride , and 3 the leaches commit a third and greater theft. The theft of thier own freedom by self enslavement to the government.”
Get prepared the fight is on!
Report Post »Nathaniel Horn
Posted on July 16, 2011 at 4:18pm@ thebarbarian: The answer to your question is obvious: Because they can! Do they ask if it is right or moral before the left does the nasty and despicable things they routinely do to us? No, they just do it. Do we want to do nasty and despicable things right back to them? Oh yes we do! But for the most part, we don’t. Curious, eh? Are we better than them? In effect, yes we are. So where is the justice and the good winning over evil we were all taught about? Our God in some ways makes us weak because we adhere to rules and morals that the other side has no compunctions about violating. They are despicable, we are good. They are liars and obfuscators, we are kind and truth tellers. So we must rely upon God to protect us also. That’s why they call it faith. But God helps those who help themselves. So we must fight them as best we can while still remaining a good, moral people and true to our One God. If we do that, God will intervene on our behalf. For example; We probably should never have won WWII. We were pathetic at first. But we did the right thing and confronted evil face to face and remained a God loving people. So God unsheathed his invisible sword and brought improbable victory to us. Now is no different than then except that the guns are abstract and the bullets are information. But the cause is just as vital and desperate. The future of humanity hangs in the balance. Slavery or Freedom, which do you choose? So fight the good fight! God is with us!
Report Post »Nathaniel Horn
Posted on July 16, 2011 at 4:19pmAnd have a year’s worth of food and supplies stored because the crap is about to hit the fan. That invisible sword may soon be bloody. The ones who win may be the ones who don’t starve to death…!
Report Post »GOTT-EM-MAUSER
Posted on July 16, 2011 at 9:10pm@HORN,
You are correct. We have reached the point in this country that the only two things left that can be trusted are, “GOD & YOUR RIFLE”
Report Post »patriotforlife
Posted on July 16, 2011 at 11:12pmThe media screams Murdoch is a criminal while praising Soros for all his evil doings. Murdoch is a school boy compared to Soros.
Report Post »Ibinaround2
Posted on July 17, 2011 at 9:02pmYou people are seriously twisted, been fed BS so long you can’t recognize facts……
Report Post »Nathaniel Horn
Posted on July 18, 2011 at 12:35am@Ibinaround2: The Left’s facts are more suspect than our hunches. Ordinary lefties are tools of their masters who are consummate liars. The Far Left has mastered the arts of propaganda and controlling the masses. It’s not fair or probable, I know, but it is absolutely true and extremely sad. Such a proud, just and mostly objective people we all used to be. Now you‘re all brainwashed if you’re associated with the Left. They found your weaknesses, exploited them and now they own you. Only the smartest and most intuitive among you will discover it before it destroys you. And your destruction is near. You won‘t believe that until it’s too late and that makes you fools. You have deserted God and he has turned his back on you in response. Without God there is nothing but the long road to death. With God all things beautiful, subtle and shot through with love and compassion are real.
The way to tell what a leftie is really saying is to transpose it 180 degrees. Whatever a Leftie accuses the Right of doing you can be sure that that’s EXACTLY what the Left is busily engaged in already. All of their “facts” are concoctions in the service of their delusions. Wake up or be destroyed.
Report Post »cherigc
Posted on July 18, 2011 at 7:47amWhy cant WE bring down the Soros empire~~~~~~~~~~~~~~
Report Post »rightasrain
Posted on July 18, 2011 at 12:51pmWe smell Soros involvement!
Report Post »Gypsy123
Posted on July 16, 2011 at 1:45amInteresting
Report Post »mbguy02
Posted on July 16, 2011 at 1:39amThe Trolls are working overtime. They smell a victory, but the fat lady hasn’t yet to sing. (insert joke here…) If Issa has the B*lls this will be an after thought, watch the walls come tumbling down..The MSM is not reporting the Obama/Holder conection on the gun running and I know FOX has the goods so we need Issa to move his Butt and soon. This little thing about using the White House and gov’t funds to campaign will add to Obamas woes. Also, those pesky little law suits are still flowing around some Federal courts, eventually the Judges will accept some of the evidence and refer his lack of qualifications and identity problems to Congress for Impeachment.
Report Post »Nathaniel Horn
Posted on July 16, 2011 at 3:38pmHave we become a seething cauldron of intrigue, backstabbing and political assassination? How distasteful. How dense. I say blow it all up— with dynamite. Oh wait, that’s just exactly what’s already happening, isn’t it? Total reset required. (TRR) Buckle up kiddies…
Report Post »independentvoteril
Posted on July 16, 2011 at 1:10amhere’s my guess MURDOK will follow GLEN this time.. FOX has been becoming like MSM I am SO SICK of hearing about Casey Anthony AND the babble on since GLEN left the ONLY things I watch are the MORNING news and after that I go to FOX BUSINESS at 6 watch DOBBS and sometimes the judge.. THE REST is like watching entertainment tonight or that NANCY GRACE.. pure nothing..
Report Post »PrfctlyFrank
Posted on July 16, 2011 at 12:54amSomething nasty going on here.. Overzealous reporters?? I hardly think so.. CEOs don’t resign over the stupid, or criminal, antics of a reporter.. This thing stinks to high freakin Heaven and its going to yield something ugly if it gets out of hand..
Report Post »Anamah
Posted on July 16, 2011 at 12:31amWhy Mr Murdoch do not defend himself and his corporation? This is the mob. Nobody can stop Soros destructive plans??? We owe a lot to Fox News, is the most trustful source of news I know…the same Wall Street Journal… they are the best and most honest to report us what is going on… Please Mr Murdoch, Roger Ailes, do not leave, fight!!! defend your company, tell the world what is really happening in this political and economic dangerous time we are living in… This is an incredible, terrible, hard time!
Report Post »beckNcall
Posted on July 16, 2011 at 9:57pmI agree, the minute I heard this I knew it was Soros. He will not rest until he destroys Fox. Fox goes away we are so done people. This man is pure evil and full of hate for anything or anyone that is remotely conservative. Pray for FOX!
Report Post »TreeTrimmerJim
Posted on July 16, 2011 at 12:03amTurn this over the The Five… nobody will ever hear about it.
Report Post »leftcoastslut
Posted on July 15, 2011 at 11:25pmOMG (obama must go) what are the rats jumpimp ship, i hope they suffocate in their sea of unrest, sea of crap that has been put upon us, the middle America, we are sick of your waste and pollution that you have given us because omg you know more than us, believe me you don’t. suffociate in the pool of quagmire, you socialist pig
Report Post »LinkedIn G
Posted on July 15, 2011 at 11:14pmAnd his great contribution to News Corporation over more than five decades has enhanced innumerable lives … He was probably the first one to raise his hand when the subject to resign came up. 50 years ? I‘d say it’s time to retire.
Report Post »LinkedIn G
Posted on July 15, 2011 at 11:07pmI don’t watch much Fox News nowadays. I already get four hours of Glenn, Pat, and Stu on GBTV…
Report Post »doing their radio show. Then…9/12 add another two hours for Glenns show. Then there is the beautiful S.E. Cupps contributions. When you add in The Blaze…the amount of content is off the charts. Glenn might have left at just the right time…maybe someone’s looking out for him…Hmmmmm
encinom
Posted on July 15, 2011 at 11:41pmso you a mindless drone of Glenn Beck. You get all your information from a dry, drunk, radio zoo shock jock,
Report Post »PrfctlyFrank
Posted on July 16, 2011 at 12:46amLittle touchy there ENCINOM? You and your lib/prog party need to be spending some time figuring out what to do after 2012, and your boy is under indictment trying to explain the fraud in the stimulus package QEII.. Not only that but generations will pass away before you lib/prog tards get your slimy paws on our government again..
Report Post »nannyatnannydotgov
Posted on July 16, 2011 at 1:09amMindless drones attack Glenn personally because they can’t attack his facts.
Report Post »tifosa
Posted on July 16, 2011 at 2:20amhttp://www.politifact.com/personalities/glenn-beck/ Tip of the iceberg.
Report Post »BORNINTOAWORLDATWAR
Posted on July 16, 2011 at 3:18amencinom
I see you’ve pull your out of your a$$ again. Please either stuff it back in and shut up or just go away.
Thanks – 80% of America
Report Post »BORNINTOAWORLDATWAR
Posted on July 16, 2011 at 3:19amhead
Report Post »psadie
Posted on July 15, 2011 at 11:07pmThere will be a tremendous outcry if Holder tries to shut down FOX. Oh, what turbulence that will be. This whole thing smells from the very beginning especially with an election year coming in the USA. Soros has to be behind this; when is this Nazis going to prison?
Report Post »CatB
Posted on July 16, 2011 at 2:47amDon’t forget them trying to take the HEAT off themselves .. FAST AND FURIOUSGATE paid with $10 MILLION STIMULOUS DOLLARS! Impeachable offenses . .how high does it go?
http://www.youtube.com/watch?v=7KloKRe0Qgs
“THE PRESIDENT DIRECTED US TO TAKE ACTION”
TEA!
Report Post »macombman
Posted on July 15, 2011 at 10:46pmJon Stewart did a real funny comedy segment on this very subject. Here it is if you’re in the mood for a laugh. http://www.youtube.com/watch?v=B2vCACB8PRI
Report Post »kapnkd
Posted on July 16, 2011 at 11:17amSorry, I find NOTHING comical about this individual – in fact he is disgusting and repulsive to watch.
Report Post »Stopit
Posted on July 15, 2011 at 10:45pmI don’t really see what all the fuss is about. If there were some reporters that crossed ethical lines, this is supposed to be outrageous enough to stir up Parliament? (The MSM here isn’t unethical in its bias/cooperation (Fared Zackaria) with globalists and marxists here as SOP?) This just smells like a coordinated political plot. Why isn’t this just handled as an ethics violation issue with the reporters involved? Haven’t really followed the story much, but what I understand occurred doesn’t seem all that earthshattering. Paying for news stories, and illegal access to to phone records?
Report Post »Chet Hempstead
Posted on July 15, 2011 at 11:28pmYeah, it’s hard to follow the story if you only get your news from Conservative outlets, since Rupert owns most of them. I don’t think it could be a “coordinated political attack” since it’s caused great humiliation to the Prime Minister who hired one of the central figures in the scandal, and who is from the majority and more liberal party, while the calls for investigations into whether they hacked phones in the U.S. has come from Republicans as much as Democrats. The reporters involved didn’t “cross ethical lines,” they broke laws repeatedly. After they got caught for this once Newscorp spent years trying to claim it was an isolated incident and continued to employ the other guilty parties. And they didn’t just pay for access to phone records, they listened to people’s private messages, and not just public figures for information of real news value, but crimes victims and families of dead soldiers to get exploitative human interest pieces. Fared Zackaria may be biased, but he’s not a criminal who hacks phones and interferes with police investigations to get gossip and puff pieces.
Report Post »llotus
Posted on July 15, 2011 at 10:40pmIf it wasnt widely known that these people were going to shut Fox down any way they could, I would probably gobble up this story. But with such evil after Glenn and Fox, it makes me wonder how much is truth and how much is not. Lotus.
Report Post »tommee
Posted on July 15, 2011 at 10:43pmCEOs don’t resign for no reason. I suspect we’ve only seen the tip of the iceberg.
Report Post »encinom
Posted on July 15, 2011 at 11:44pmThe Fox execs are falling on their swords to protect their master.
Report Post »PrfctlyFrank
Posted on July 16, 2011 at 12:47amWell hey encinom, your master needs protecting…
Report Post »BORNINTOAWORLDATWAR
Posted on July 16, 2011 at 3:22amencinom
Your head still out and your lips still moving ???? Please place your head it back where you usually keep it.
Approved by – 80% America
Report Post »jmgair
Posted on July 15, 2011 at 10:31pmYou can bet big money on this scandal having George Soros’ fingerprints all over it when it is all said & done. That man will do anything he can to try to bring down FOX and anyone associated with FOX and Murdoch is his target.
Report Post »tifosa
Posted on July 15, 2011 at 10:28pmI’m shocked. A criminal in fox clothing. Whodathunkit.
Report Post »sodacrackers2
Posted on July 15, 2011 at 10:40pmA tempest in a teapot!
Report Post »tifosa
Posted on July 16, 2011 at 2:17amA ****** in hot water.
Report Post »bikerr
Posted on July 15, 2011 at 10:26pm@Banter
Report Post »Posted on July 15, 2011 at 10:00pm
I find the timing suspect at best. Fox is under tremendous attack and has been for some time. I originally thought that Glenn leaving was due to the overwhelming pressure on sponsorship, but now…
I think the progressive lame-stream media has devised a special present for Murdoch, and we are just seeing the beginning of a well planned multi-front attack. This thing will come to our shores and Fox News will be in the gun sights by the end of the week.
Palin 2012——————————-Where did you get the original thought about overwhelming pressure on sponsorship?
Not from any credible news source. Remember “If the skunk listened to criticism he would have been extinct years ago”.
Banter
Posted on July 15, 2011 at 10:50pmCan’t argue with the skunk argument, however you would have to be incredibly dense to think the advertisers shown on a daily basis contributed significantly to the bottom line. There has been enough commentary on this subject to kill a whole rainforest if you printed it all out. Despite all of this, Glenn has been incredibly successful regardless, and I think Fox is more vulnerable than ever now that he is gone.
Palin 2012
Report Post »momprayn
Posted on July 15, 2011 at 10:24pmAt this point I’m not that worried about Fox, but on the “otherhand”, you never know and nothing would surprise me. Maybe they need to be “cleaned out” too. If so, then so be it. (btw I don’t like “The Five” either). But this won’t be the only scandal — have a feeling we’re going to have several bigger than that — like the ones at the White House – Obama, Geithner, Holder, the Fed., “fast and furious”. Think treason, fraud is all over the place up there & something might be “giving” soon & the dominoes will start to fall………..we won’t be thinking of Fox News anymore.
Report Post »jzs
Posted on July 15, 2011 at 10:21pmI don’t normally post provocative posts, but you are all showing how ill informed you are. You’re not stupid, that much I know, but you are ignorant on this issue. Several of Murdoch’s people have been arrested and others are under indictment for bribery or attempted bribary of London policemen. They’re are accussed of hacking into cell phones of a dead girl to hear the messages on her phone and further to delete some messages so that they could listen to further attempts to contact the dead teenager (which led police and her family to think she was still alive).
Now the FBI is investigating Murdoch for crimes committed in the US, such as hacking the phones of 9-11 victims for a story.
Sorry folks but Murdoch is trying to protect himself by firing people left and right to minimize the damage from a pervasive pattern of illegal and unethical activities. I suggest you turn a blind eye.
Report Post »Therightsofbilly
Posted on July 16, 2011 at 1:25amHey JZS,
Not sure if I am with you on this…………
Wouldn’t firing people be a little counter productive if you were trying to protect yourself?
Seems to me that would just tick them off and make them want to spill the beans. (Assuming there are any beans to spill)
Don’t think this is going to go as far as you would like it to.
Report Post »But we shall see.
mbguy02
Posted on July 16, 2011 at 1:28amTake a breath and look at the big picture. It‘s the Liberalarm of Gov’t in the Uk pressing the investigation, Yes it looks like that rag was totally corrupt, but the investigation in the US was forced on the FBI at the urging of a Soros backed extreme Liberal group. Nothing has been mentioned at all regarding FOX, the Wall st Journal and other holding in the US…….Wishful thinking on your part does not make this a done deal…Fight the good fight Murdoch, seems you’ve already caved a little here, stand up and fight that evil bast@@d Soros.
Report Post »coloradoposter
Posted on July 15, 2011 at 10:14pmRush,we need you now
Report Post »jjohnson_n_oklahoma
Posted on July 15, 2011 at 10:10pmFox has turned into another CNN. It never really reports the news any more. Fox needs to find it’s soul, and go back to the way it was ten years ago. I personally believe that since the Saudi’s have invested in Fox, the company is changing into another liberal network. At I can still get the news from Glenn’s program. The new show by the way at five on Fox, stinks!!
Report Post »scoter
Posted on July 15, 2011 at 10:08pmI dont like the FIVE.That took Glenn place. When Glenn get GVTV. GOING. I WILL BE WATCHING HIM. CANT WATE TELL 9 / 12
Report Post »Wdawg
Posted on July 15, 2011 at 9:53pmFox News usually has wall to wall coverage of anything 9/11 related. Oh……
Report Post »Restored One
Posted on July 15, 2011 at 10:06pmThe timing of this is so weird. Could this be a well planned take down of Murdcoh by Soros? Did Glenn know something was happening? Some big guns are stepping down. I agree Snow, this is going could be an Enron. Also, this could be a huge distraction for 2012. I must say that I am quite worried about this event. I hope that GBTV will be open and honest because it may be all we have left.
Report Post »endgamer
Posted on July 15, 2011 at 9:41pmYa wonder why Glenn left FOX?? Ya think he knew the fit was about to hit the shan?
Report Post »dealer@678
Posted on July 15, 2011 at 9:54pmBeck left Fox because he answers to a much higher power. Much higher
Report Post »Wdawg
Posted on July 15, 2011 at 9:55pmHe did say he was saving his soul. Maybe he found the devil in Fox News?!
Report Post »Banter
Posted on July 15, 2011 at 10:00pmI find the timing suspect at best. Fox is under tremendous attack and has been for some time. I originally thought that Glenn leaving was due to the overwhelming pressure on sponsorship, but now…
I think the progressive lame-stream media has devised a special present for Murdoch, and we are just seeing the beginning of a well planned multi-front attack. This thing will come to our shores and Fox News will be in the gun sights by the end of the week.
Palin 2012
Report Post »Restored One
Posted on July 15, 2011 at 10:21pmWith everything that Glenn had uncovered, I am know pretty sure that he uncovered something at FOX. He has left the breadcrumbs for his co-workers to follow and reach out beyond working for cable news. GBTV may now have more than Glenn Beck. Man he is smart if he knew. WINNING!
Report Post »llotus
Posted on July 15, 2011 at 10:37pmrestored one…….Glenn was the only one we could depend on to show the truth anyway. The new five show isnt much more than a tabloid. I was exspecting something much better from Fox to replace an important show like Glenn provided. Cant wait till 9-12-11. Having withdrawls. Lotus.
Report Post »Restored One
Posted on July 15, 2011 at 11:36pm@ LOTUS, I totally agree. I am just saying and now hoping that he did know and GBTV will only become bigger if FOX goes down. What we miss at 5pm may become 24/7 not just on the internet but maybe again on Cable. I am in no way trying discredit Glenn, this may have been what drove him to the plan. If so, he is amazingly brilliant.
Report Post »MrButcher
Posted on July 15, 2011 at 9:33pmThis is going to get big….
Report Post »Snowleopard {gallery of cat folks}
Posted on July 15, 2011 at 9:38pmI have a hunch we are looking at the next Enron style downfall; only it will be much larger, and much harder than that was..in the way it may collapse the managment structure of many businesses, and maybe lead to them shutting down. Any corruption found by legal authorities of crimes committed does need to be investigated, and if provable in courts of law, followed through on.
Let there be all misdeeds brought into the light.
Report Post »dealer@678
Posted on July 15, 2011 at 9:41pmIts a witch hunt. The msm is looking for anything it can to bring down Fox. Murdoch will win
Report Post »chazman
Posted on July 15, 2011 at 9:45pmThe Media … fight it now or die. As a dying, free country, it is our biggest enemy, controlled by our corrupt government. Comon … feel the hate … whatcha gonna do about it … punk …
Report Post »MrButcher
Posted on July 15, 2011 at 10:08pm@Dealer
A witchhunt is brewing in the cauldron for sure.
The lefties are drooooling and foooaming over the chance to take Fox down and out.
As of now, there are no connection.
I think they will over reach.
But we must wait and see
cheers
Report Post »momprayn
Posted on July 15, 2011 at 10:19pmMRBUTCHER – Agree with you for once – scary isn’t it?
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