News Corp (Fox) 4th most popular stock of Billionaire hedge fund managers.
4. News Corp. NWSA -0.90% is number four with 14 billionaires invested.
When other investors were dumping the shares because of the hacking scandal, billionaire hedge fund managers were buying them. The stock recovered all of its losses last summer. It is also slightly outperforming the market this year. Paul Singer (Republican) had the largest position in News Corp. among the billionaires we are tracking.
http://www.marketwatch.com/story/7-stocks-billionaire-fund-managers-love-2012-03-20
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Journalists Funded By ‘Vulture Capitalist’ Paul Singer Campaign To Smear Wall Street Protests 10/11/2011
The campaign to marginalize and destroy the growing 99 Percent Movement is in full swing, with many in the media attempting to smear the people participating in the “occupation” protests across the country. However, several of the so-called journalists deriding, and in some cases sabotaging the movement, have paychecks thanks to a billionaire whose business practices have been scorned as among the worst of the financial elite.
As the New York Times has documented, Paul Singer, a Republican activist and hedge fund manager worth over $900 million, has emerged as one of the most important power brokers within the GOP. Now, it appears that the reporters financed by Singer are at the forefront of efforts to tarnish the reputation of 99 Percent Movement demonstrators:
http://thinkprogress.org/special/2011/10/10/339862/paul-singer-vulture-capitalist-journalists/
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