Saudis Buying Shares of Fox
Charles Johnson
Sun Sep 25, 2005 at 8:05 am PDT • Views: 456
Saudi prince Al-Waleed bin Talal, who offered Rudy Giuliani $10 million after the 9/11 attacks but tried to tie it to an anti-American statement, has bought a large piece of Fox News.
(IsraelNN.com) Saudi Prince Al-Waleed bin Talal has purchased 5.46 percent of the Fox corporation, according to Gulf Daily News, raising concern that the conservative Fox News may soften its anti-terror stance due to the views of the new shareholder.
Al-Waleed, the nephew of the late Saudi King Fahd, was in the news when he visited the World Trade Center’s remains just after the September 11th attacks and offered then-New York City Mayor Rudy Giuliani a $10 million check for relief efforts. Al-Waleed then released a statement blaming US foreign policy and support for Israel for the attacks.
Giuliani returned the prince’s check with a statement that, “There is no moral equivalent for this attack. The people who did it lost any right to ask for justification when they slaughtered … innocent people … Not only are those statements wrong, they’re part of the problem.”
Frank says: