Saturday, August 4, 2007

Dirty Digger: charm offensive or just plain offensive?

The Bancroft family, who sold out Dow Jones and the Wall Street Journal, comes off as "dysfunctional as the Windors", writes Andrew Clark in the Guardian. Christopher Bancroft, the seller, is shown left.
Clark recounts a family farce almost as bad as Queen Elizabeth's annus horribilis, where one bitter relative shows up at the corporate meeting wearing a fishing cap emblazoned "Bite me."

The tycoon's brilliant business strategy just took a bit of time
"like a parent waiting for a baby to cry itself to sleep, Murdoch simply waited for the Bancrofts to exhaust themselves with in-fighting."

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