Bancroft family just flailing about aimlessly

The Bancroft family, which so distinguished itself in the annals of the news business by presenting a strong, united front against Rupert Murdoch's attempt to...

The Bancroft family, which so distinguished itself in the annals of the news business by presenting a strong, united front against Rupert Murdoch's attempt to buy the Wall Street Journal (Ha!), is now doing just as good a job of managing its continuing role in the once family-owned paper. The WSJ reports this morning that the family had 30 days to choose one of its own as a Dow Jones board member; they argued about it and the deadline passed. Power then passed to Murdoch, who vetoed some family choices he felt were too confrontational.

The end result? The family's board member is now Natalie Bancroft, a 27 year-old with no journalism experience. The WSJ lays out her credentials for tangling with Rupert:

"Ms. Bancroft has spent most of her life in Europe. A budding mezzo-soprano opera singer and Formula One car-racing fan, she studied music at a private conservatory in Lausanne. She hasn't been an active player in her family's stewardship of Dow Jones and didn't directly participate in any of the family meetings about the sale. Instead, she phoned from Europe. When the family's final vote was under way in late July, she was sailing off the coast of Corsica."

Way to stick it to the man, Bancrofts!


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