Does This Story Tell Us Something About Fox’ Honesty Or Competence?

http://www.nytimes.com/2010/11/01/business/media/01fox.html

The Fox Business Network focused on what it called “The War on Business” all last week, but on Tuesday its coverage was decidedly more focused — with a series of reports about a California ballot initiative that its parent company, the News Corporation, had spent $1.3 million to defeat.

Yet in its expanded coverage of the issue, Fox did not disclose the News Corporation’s donation to a group working to defeat Proposition 24.

Kevin Magee, an executive vice president at Fox Business, said in an interview on Friday, “We didn’t know that News Corporation had made a contribution to No for 24.” He said such disclosures were normal “if you know it and if it’s germane to the story.” He said that had he known in this case, he thought the network would have disclosed the donation.