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Family Regrets Selling Wall Street Journal to Murdoch

Bancrofts: If we knew then what we know now ...

By Tim Karan, Newser Staff

Posted Jul 13, 2011 5:31 PM CDT

(Newser) – Members of the family that sold the Wall Street Journal to Rupert Murdoch have a whole new kind of seller's remorse. Some in the Bancroft family tell Pro Publica they never would have agreed to sell the newspaper to Murdoch in 2007 if they knew the scope of News International's phone-hacking scandal.

"If I had known what I know now, I would have pushed harder against [Murdoch's bid]," says Christopher Bancroft. The allegations "would have been more problematic for me. I probably would have held out." Another family member makes it a little more personal. Murdoch "thinks he is completely above the law as he always has," he says. "We did a deal with the devil." Click for the full story, or here to read about how the scandal has scuttled another planned Murdoch deal.

Members of the family that sold the Wall Street Journal to Rupert Murdoch now regret the decision. (AP Photo/Sang Tan)

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COMMENTS

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Showing 3 of 14 comments

vendetta

Jul 14, 2011 8:09 AM CDT

MY ASS Bancroft family.

SPHeroid

Jul 13, 2011 8:39 PM CDT

You sad bastards.... You sell out one of the most respected newspapers in the world to a known shyster and now you have regrets?... Maybe counting your money will ease the pain?.... You are just as greedy as Murdoch...

pg13

Jul 13, 2011 7:02 PM CDT

Family of liars. Everybody knew Murdoch was going to pervert not only the editorial board but also the news of the WSJ.

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Family Regrets Selling Wall Street Journal to Murdoch

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