Funny how everyone jumped to the same conclusion
'Demented plutocrat' remark was not about Rupert Murdoch, Turnbull says
Communications minister says he was not referring to the News Corp chief in his speech at the launch of the Saturday Paper
Malcolm Turnbull has said he was surprised people thought he was referring to Rupert Murdoch when he said the publisher of the new Saturday Paper was not “a demented plutocrat” out to establish and run newspapers at a loss to peddle his own views.
The communications minister made the remark in a speech to launch the newspaper on Friday night, then made a point in a blogpost of denying he meant the News Corp magnate.
On stage with Morry Schwartz, who is also the publisher of the Monthly magazine and the Quarterly Essay, Turnbull said Schwartz’s publishing ventures operated at a profit so he was not a “demented plutocrat” looking to push an agenda.
There has been speculation online about who Turnbull was referencing and he says he was surprised people thought it could be News Corp chairman Murdoch.
Full story:
http://www.theguardian.com/world/2014/mar/02/demented-plutocrat-remark-was-not-about-rupert-murdoch-turnbull-says?CMP=ema_632