As Rupert Murdoch and News Corp. survive the first round of Parliamentary committee chastisement in the U.K., is the U.S. Department of Justice eyeing the media conglomerate and its disgraced chairman as the next notch on its Foreign Corrupt Practices Act (FCPA) prosecutorial belt?
Maybe. Maybe not. Murdoch has plenty of outraged shareholders and political enemies calling for his financial head. But timing is everything, and for the DOJ’s criminal fraud division, which is tasked with prosecuting FCPA violations, 2011 is proving to be less than their perfect moment and Murdoch less than their ideal target.
