Sweet success

Rupert Murdoch – whose News Corp repeatedly violated the law in Britain and whose publications in the U.S. have redefined journalism – and his son are rewarded well for their activities.  Rupert’s cash bonus this year was $12.5 million (for total of $33 million in compensation).  His son James thought his proposed bonus – $6 million — wouldn’t look right, so he settled for $12 million in pay and stock options.

According to the World News board, the Murdochs deserved such largess because of their leadership “through the recent economic downturn, positioning the company for long-term growth and ongoing strategic development.”

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