305 abalk 06/11/07 09:00AM Filed to: RUPERT MURDOCH WILL DRAG THE WALL STREET JOURNAL DOWN-MARKET RUPERT MURDOCH WILL DRAG THE WALL STREET JOURNAL DOWN-MARKET Rupert Murdoch Wall Street Journal Dow Jones financial times All promises aside, says a Financial Times columnist, Murdoch has never "created even one serious, authoritative and truly independent newspaper." [Guardian]