Investors Still Love (or Tolerate) Rupert Murdoch

Posted: 4/26/2012  |  By: Paul R. La Monica | Money.CNN.com

NEW YORK (CNNMoney) -- Rupert Murdoch is a hero to the right and a demon to the left. But Wall Street doesn't care about red state/blue state distinctions.

News Corp. shareholders, despite the lingering newspaper phone-hacking scandal in the United Kingdom, continue to look at the company's chairman and CEO and only see green.