FINANCIAL TIMES HAS AN INTERESTING RIGGING NEWS STORY
ABOUT FOX NEWS AND WHAT KIND OF LEGAL TROUBLE THEY MIGHT BE IN.
IT TURNS OUT THAT THEY HAVE GOT A FORMER EXECUTIVE WHO IS NOW
COOPERATING WITH THE AUTHORITIES ON AN INVESTIGATION THEY ARE
RUNNING ON FOX NEWS.
DAMN.
LET ME GIVE YOU THE DETAILS HERE --
WHEN THEY START GETTING
WITNESSES TO FLIP, LET ME THEY
ARE CLOSE AND THEY ARE CLOSING IN.
THEY ARE NOT GOING TO OFFER
IMMUNITY UNLESS THEY ARE LOOKING FOR A SIGNIFICANT ISSUE AND A
SIGNIFICANT CRIME, AND THEY ARE LOOKING FOR A BIGGER TARGET.
MORE FROM THE FINANCIAL TIMES --
UH OH.
YOU ARE SUPPOSED TO LET YOUR INVESTORS KNOW ALL THE
THINGS THAT ARE MATERIAL TO THAT COMPANY AND TO THAT STOCK,
INCLUDING SIGNIFICANT LIABILITIES LIKE SEXUAL
HARASSMENT LAWSUITS THAT MIGHT HAPPEN, THAT HAVE ALREADY
HAPPENED AND HAVE BEEN PAID OFF, AND HOW THEY MIGHT BE THAT OF
THE ICEBERG.
THERE MIGHT BE FURTHER LIABILITY DOWN THE ROAD.
YOU CAN'T HIDE THAT FROM YOUR INVESTORS, THE SHAREHOLDERS WHO
ACTUALLY OWN THE COMPANY.
THAT IS ILLEGAL.
MORE HERE --
LOOK, WE DID THE DETAILS OF THAT STORY IN ANOTHER INSTANCE.
SEXUAL-HARASSMENT IS TERRIBLE AND DESPICABLE, WHAT HAPPENED TO
LAURIE LUHN IS AT LEAST THAT AND FAR MORE, HE WOUND UP SLEEPING
WITH HER AND INTIMIDATING HER AND JUST FOLLOWING HER
THROUGHOUT HER CAREER IN TERMS OF CONTINUAL INTIMIDATION INTO
SEXUAL ACTS THAT SHE DIDN'T WANT TO DO.
IT WAS ABSOLUTELY GROSS
WHAT ROGER AILES DID TO LAURIE LUHN, AND THEY KNOW IT, THAT'S
WHY THEY PAID HER.
THEY TRIED TO MAKE THE CASE GO AWAY.
IF YOU DO
THAT LEGALLY AND YOU SAY HERE WAS A CASE, WE SETTLED IT, IT
WAS IN THE PAPERS, THAT'S FINE.
IT'S NOT FIND THAT YOU DID IT IN
THE FIRST PLACE, IT'S FINE IN TERMS OF REPORTING -- BUT THEY
DIDN'T REPORT IT, APPARENTLY.
THAT IS NOT FINE, AND NOT LEGAL.
FINALLY THE FINANCIAL TIMES SAYS --
THIS WAS ONE OF THE CASES THAT PREET BHARARA MIGHT HAVE
BEEN LOOKING INTO WHEN HE WAS SUMMARILY FIRED BY DONALD TRUMP,
THAT WAS THE PERSON WORKING ON THIS CASE AND NEW YORK, ALL OF A
SUDDEN ALL OF THE U.S. ATTORNEYS WERE LET GO OF IMMEDIATELY,
WITHOUT FURTHER PLANNING, WITHOUT HAVING REPLACEMENTS
READY.
AND WHAT PRECIPITATED THAT?
A SEGMENT ON SEAN
HANNITY'S SHOW ON FOX NEWS WHERE HE SAID DONALD TRUMP SHOULD
IMMEDIATELY PURGE ALL OF THOSE U.S. ATTORNEYS THAT WERE LEFT
OVER FROM OBAMA.
HE SHOULD DO IT RIGHT NOW.
WE SHOWED YOU THAT
CLIP ON AN EARLIER SHOW.
AND ALL OF A SUDDEN TRUMP, AS USUAL,
WATCHES FOX NEWS AND RESPONDS, AND PURGES ALL THOSE
PROSECUTORS.
BUT THAT CASE REMAINS, WE WILL SEE WHAT THEY
DO WITH IT, WE WILL SEE IF THEY WIND UP TRYING TO BURY THE CASE,
BUT FOR THE MOMENT, THAT CASE APPARENTLY STILL PENDING, AND
INSIGNIFICANT INVESTIGATIONS, AND NOW WITH IMMUNITY DEALS THEY
MIGHT BE CLOSE TO A RESOLUTION.
AND IF FOX NEWS BROKE THE LAW,
IT WILL BE INTERESTING TO SEE WHAT KIND OF PIPER THEY PAY.
AND THAT HAS BEEN A LONG TIME COMING.