Rupert Murdoch and the extortion industry

So now we know there is an industry in legal extortion; a market solution to the problem of power and Id.

Businesses collect damaging information about wealthy people. Then they negotiate between parties on the cost of suppression.

We have known this as the tabloid industry. I suppose that was a cover story.

Rupert Murdoch started in that industry.

It would be interesting to know mortality rates of the sellers.