Pathetic!

This is pathetic. The WSJ has printed a series of emails among members of the moronic Bancroft family. They had thirty days to choose a family member to serve on the DJ board. Not very hard, right? Well, for these folks, it is. This family is so incompetent, they couldn’t even manage this basic task. Check out some of these emails:

Tom Hill
Thursday, Sept. 20, 2007
Thanks Chris for the follow up.
You will recall I inquired about the selection process in an email to Mike Elefante and copied to the family on August 7. It has taken the family more than six weeks to get this most basic information.
At this rate I’m confident we’ll have a nominee by the end of the year. I’m just not sure which year.
Tom Hill
Back to top
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Crawford Hill
Thursday, Sept. 20, 2007
Hi all,
I can only say what a joke this episode has become. To learn only just now what Chris kindly just passed along to us is both disgraceful and egregious and reflects poorly on those who should have guided this to a satisfactory conclusion.
None of this however is to reflect on the integrity, smarts or work ethic of Mike Hill ( and Liz [Elisabeth Chelberg], for that matter) who has (have) all of those and more. I just wonder, given the very bizarre nature of this process ( or, really, Non-Process) and the Board position itself as we now know it, why anyone in the family would want to do this.
This entire, sad and pathetic, final episode is a fiasco. No wonder we lost Dow Jones!!
I will call John Carroll and pass along the news. To those responsible- Thanks so much for placing me in this awkward position… on the other hand as I have pointed out elsewhere, getting these things right requires more than our designated representatives were capable of executing. The pattern holds to the end. What a shame. I had high hopes that we could get this right and worked hard to that end. Finding all this out now, after the fact is stranger than fiction.
My Best to you all- may your future endeavours be more successful than what transpired here today (not saying much) and may you carry on with your interesting and diverse lives.
I am done with this matter.
Thanks for listening and thanks to those of you who spoke up and supported me when you were so moved. I appreciate your efforts and value our relationships.
As ever,
Crawford

Once the thirty days expired, it then became Murdoch’s choice. He chose Natalie Bancroft, a 27-year-old opera singer who lives in England.
Well played, Rupert. Well played.
In a completely unrelated note, shares of The New York Times (NYT) hit $18 yesterday, a ten-year low.

Posted by Eddy on November 7th, 2007 at 11:15 am

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