Tuesday, May 1, 2012

Rupert Murdoch declared unfit to run company




Reuters (UK) reports that Rupert Murdoch is unfit to run a major international company, MPs said on Tuesday, finding him responsible for a culture of illegal phone hacking that has convulsed his News Corporation media empire.  Pulling few punches, the MPs listed failings of the 81-year-old News Corp chief, his son James and a company they said had showed "wilful blindness" about the scale of hacking that existed at the News of the World tabloid.

The cross-party parliamentary committee, which approved the report by a majority of six to four, also scolded News Corp's British newspaper arm for misleading the parliament during its five year investigation into the hacking of the phones of celebrities, murder victims, politicians and soldiers.

But it split along party lines, with members from Prime Minister David Cameron's Conservative Party voting against the report, saying they did not agree with its view that the Australian-born Murdoch was not fit to run a major company….

Don't stop now.  It's just getting good.  Go to http://uk.reuters.com/article/2012/05/01/uk-britain-murdoch-idUKBRE8400IJ20120501?feedType=nl&feedName=uktopnewsmid

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