Headline May 20th, 2012 / Hacking Hedge

HACKING HEDGE

Respectful dedication Carl Bernstein/Washington Post - Madeleine Albright – Dr Paul Krugman

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Carl Bernstein

Madeleine Albright

Dr Paul Krugman

In the natural scheme of things James wanted to replace his father, but never wanted to be him. Obviously in James eyes, Rupert was the past ; James was to be the future. In no way does James represent the values that got the company into the hacking mess - he self consciously regrets them. It's a class issue.

In many ways, James total focus was on being a new kind of a media executive. That's what he truly saw as his self appointed mandate; to remake News Corp as an elite company. All of News Corp defining traits - its tabloid newspapers, its conservative politicking, its low life associations - would , sooner, or later, undergo a makeover in James image.

Sky was his model ; an aggressive but anodyne modern media company. Under James you would not know what News Corp stood for. Except its own success. To achieve this, one could argue, James had in many ways, gone to war with News Corp.

The stakes could not have been higher ; how to move the company out from under his father's influence. Or said in a different way, how to become his father's main influence. Rupert Murdoch is most moved by the last person he has spoken to.

As the hardened and guilty father - Rupert - henpecked to , suffering the admonitions of his wives was never too comfortable with James, but was more comfortable and understood his grand children better, - this might well have caused him , unsurprisingly, to overcompensate in his embrace of James.

But all in all, to those who knew and understood them best - found Rupert clumsy , tongue-tied , inarticulate and , ultimately , real. But James they considered a made-up character out of his own ambition.

Great and kind readers, the plot thickens! Don't miss morrow's post in which we delight you on the planning of the hacking.

With many thanks to !WOW!. Good night and God bless!

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