Prince Al Waleed bin Talal , chairman of Kingdom Holdings, which owns 7% of News Corp, told the Financial Times...
''This is the time for a loyal shareholder to stand by his friends and allies, the Murdoch family. This is a strong alliance. We do not chicken out when we face crisis; we get stronger.''
He said that Murdoch, his son James and CEO Chase Carey made “an excellent trio” of managers. He added that he had urged Murdoch for “a dramatic and fast decision” to end the News of the World “mini crisis” and focus on securing BSkyB.
[ALSO SEE...During Interview With Saudi Crown Prince, Fox Fails To Disclose That He’s Second-Largest Shareholder http://thenakedfacts.blogspot.com/2011/05/during-interview-with-saudi-crown.html Saudi Prince Al-Waleed Bin Talal to Build Hotel in Tel Aviv http://www.aimislam.com/categoryblog/192-saudi-prince-al-waleed-bin-talal-to-build-hotel-in-tel-aviv.html
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