Monday, December 24, 2007

TV Stations Sold To Close Bush Friend

From Reuters yesterday afternoon:

Rupert Murdoch’s News Corp [..] will sell eight U.S. television stations to private equity firm Oak Hill Partners for about $1.1 billion.

I couldn’t help but wonder who was buying up tv stations in an election year, so a quick check of Oak Hill Partners :

Oak Hill Capital Partners traces its roots to Robert M. Bass, one of the four brothers who founded Bass Brothers Enterprises in Fort Worth, Texas.

From Texas, eh? A little more checking as a Texas based company raised my eyebrows right away:

Robert Muse Bass is a Texas billionaire worth approximately $5.46 billion as of 2006.

Bass was born into an extremely wealthy family with an uncle, Sid Richardson, worth $810 million. He and his three brothers Lee, Ed, and Sid Bass all attended Yale University, where they solidified their moneyed and political connections. Ed Bass was a classmate and personal friend of George W. Bush, and the brothers, especially Lee Bass, helped Bush financially both before and throughout his political career.

6 Comments:

Blogger to scranton said...

Good sleuthing here. But did you know that Barack Obama refuses to say the pledge of allegiance? That's what my uncle told me tonight at our annual Christmas eve family get-together.

12:48 AM  
Blogger Robot said...

What is Christmas?

10:34 AM  
Blogger shrf said...

I'm not entirely sure, but I'm sure the Jews are somehow involved

10:59 AM  
Blogger Josh said...

Are we really any worse off than had these tv stations remained under the ownership of news corp?

11:52 AM  
Blogger danny marcus said...

What is Christmas? A girl I dated years ago had this to say about the famous holiday, as she stated in a recent Facebook status update:

Ms. ________ "is remembering the true meaning of Christmas... being with family and those who are dear to us. Wishing everyone a very Merry Holiday season."

1:13 PM  
Blogger shrf said...

We are all Bush cronies, now.

5:02 PM  

Post a Comment

<< Home