Marc Rich

Clinton Pardons Fugitive Marc Rich Amid Corruption Allegations

| Importance: 9/10

Hours before leaving office, President Bill Clinton grants a controversial presidential pardon to Marc Rich, an international fugitive who fled to Switzerland in 1983 to avoid prosecution on 51 counts of tax fraud, racketeering, and illegal oil trading with Iran during the 1979-1980 hostage crisis. …

Bill Clinton Marc Rich Denise Rich Hillary Clinton presidential-pardons corruption campaign-finance political-influence accountability
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Murdoch Strategic Media Empire Expansion and U.S. Media Regulatory Navigation

| Importance: 9/10

In 1985, Rupert Murdoch orchestrated a pivotal expansion of his media empire through strategic acquisitions and regulatory maneuvering. Key developments include acquiring 50% of 20th Century Fox in March for $162 million and purchasing Metromedia television stations for $3.5 billion in May. Most …

Rupert Murdoch John Kluge Marc Rich media-consolidation regulatory-capture murdoch-empire media-ownership cross-ownership-rules
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