David Folkenflik reported (link here) on Fox's 2nd largest investor, and how Fox has dropped the Manhattan Mosque funding story like a hot potato following The Daily Show's repeated satiric lambasting of Fox. It only took NPR a week to catch up with TDS (as linked here).
The best line of Folkenflik's report:
"Waleed now holds 7 percent of the voting stock in News Corp., more than any other person not named Rupert Murdoch."
So yes, The Kingdom Foundation has invested heavily in and donated generously to both Fox News and Fundamentalist Muslim charities, and the largest non-Murdoch investor in Fox and head of the Kingdom Foundation is George Bush's friend
1 year ago