Thursday, March 01, 2012

NEWS CORP - Cooks and Liers, British Style

"News Corp.'s Succession 'in Flux' as James Murdoch Resigns" PBS Newshour 2/29/2012

Excerpt

GWEN IFILL (Newshour): ..... the continuing fallout and widening scope of investigations into the Murdoch newspaper empire in England. It's the subject of international attention today after another leadership shakeup today.

Thirty-nine-year-old James Murdoch has been under pressure since the phone-hacking scandal erupted in Britain last summer. Now the youngest son of Rupert Murdoch is stepping down as executive chairman of News International, the British newspaper division of his father's media conglomerate.

James Murdoch oversaw News of the World, the tabloid engulfed and ultimately driven out of business by revelations that journalists regularly hacked voicemails of celebrities, politicians and even crime victims.

Murdoch and his deputies all said they had no idea what was going on.

JAMES MURDOCH, News Corporation: I feel regret. Clearly, the practices of certain individuals didn't live up to the standards and quality of journalism that we believe in, and that I believe in, and that this company believes in.

GWEN IFILL: But the disclosures kept coming. Murdoch twice changed his story about what he knew and when. Some lawmakers were left incredulous at this parliamentary hearing in November.


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