Wednesday, September 21, 2011

News Corp receives letter from US prosecutors. Oh boy, oh boy, oh boy!

"Well they could not actually throw me in jail though, right?"
Courtesy of Bloomberg:

News Corp was sent a letter by U.S. prosecutors investigating foreign bribery, requesting information on alleged payments employees made to U.K. police for tips, according to a person with knowledge of the matter. 

The letter is part of an effort by the U.S. Justice Department to determine whether News Corp. violated the Foreign Corrupt Practices Act, or FCPA, according to the person, who declined to be identified because the matter isn’t public. News Corp. fell 1.7 percent on the news. 

The inquiry advances an existing U.S. probe that is reviewing claims that victims of the Sept. 11, 2001, attacks had their phones hacked by News Corp. employees. The letter doesn’t carry the same legal force as a grand jury subpoena, which would compel a response under law. 

Oh that is awesome!

And here I thought all of the good news this September was going to be about uncovering the truth about Sarah Palin.

(H/T to Alaska WTF)

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