The Australian Financial Review :: Two decades ago Australian fund managers had a dictum about Rupert Murdoch. If you were travelling in a convoy with him, it was important to be sailing in the same ship. If the ship was torpedoed, you had to be in the same lifeboat. It’s a sobering context for News Corporation’s thousands of journalists around the world as they are shepherded to the emergency debarkation points before the empire splits in two.
Breaking news . . . Rupert’s not going to be in the boat.
Continue to read Neil Chenoweth, www.afr.com