Why did Rupert Murdoch and Lord Jacob Rothschild purchase a total of $11 million dollars of “equity positions” with Genie Energy Corporation (IDT) totaling an 11% stake in the corporation back in 2010?
Rupert Murdoch, Chairman and Chief Executive Officer, News Corporation, USA and Co-Chair, Annual Meeting 2009 (Wiki Commons)
By Shepard Ambellas
Right now you might be rolling your eyes.
However, it’s well known buy top businessmen that Murdoch and Jacob Rothschild have connections in and around the Syrian region. In fact, according to a November 15 2010, IDT “press release”, Claude Pupkin, CEO of Genie Oil and Gas, commented, “Genie’s success will ultimately depend, in part, on access to the expertise of the oil and gas industry and to the financial markets. Jacob Rothschild and Rupert Murdoch are extremely well-regarded by and connected to leaders in these sectors. Their guidance and participation will prove invaluable.”
Other members of Genie Energy’s “Strategic Advisory Board” include key globalist figureheads such as Alan K. Burnham, PhD, Dick Cheney, Wes Perry, Stephen M. Trauber, Alan Sass, PhD, Michael Steinhardt, Eugene A. Renna, and Harold Vinegar, PhD.
Some are now speculating that the “Strategic Advisory Board” might have been hedging a bet on future oil drilling in the Syrian region and it looks like the hit their mark as a new war with Syria is at hand. This is startling to say the least, due of the fact that IDT is also heavily influenced by Israeli interests.
An about us bio right off of IDT.net reads;
Genie Energy Corporation is a division of IDT Corporation (www.idt.net), a consumer services company with operations primarily in the telecommunications and energy industries.IDT Corporation’s Class B Common Stock and Common Stock trade on the New York Stock Exchange under the ticker symbols IDT and IDT.C, respectively.
Genie Energy is comprised of IDT Energy, an energy services company that resells electricity and natural gas to residential and small business customers primarily in New York State, and Genie Oil and Gas, Inc., which consists of (1) American Shale Oil Corporation which holds and manages a 50% interest in American Shale Oil, LLC, a joint shale oil initiative in Colorado with Total, S.A., and (2) an 89% interest in Israel Energy Initiatives, Ltd., a shale oil initiative in Israel.
Now nearly three years after Murdoch and Rothschild purchased their “equity positions” with Genie Energy the U.S. Government is rather pre-determined to Strike Syria on false allegations.
Does the dynamic duo posses a crystal ball?
 Business and Financial Leaders Lord Rothschild and Rupert Murdoch Invest in Genie Oil & Gas – IDT.net