|
Senior Member
|
|
Join Date: Jul 2010
Location: Tralfamadore
Posts: 10,343
|
|
|
Senior Member
Join Date: Jul 2010
Location: Tralfamadore
Posts: 10,343
|
Murdochs: bruised but not broken
http://www.bbc.co.uk/news/business-14211325
Robert Peston :
Quote:
The Murdochs' evidence to MPs on the Culture, Media and Sport committee had its moments of drama, but few moments of revelation.
After today's hearing, many questions are still unanswered about who committed or ordered the alleged hacking and bribing, and who knew what when - not least of which are the uncertainties over who was aware in early 2007 of the smoking-gun, News-of-the-World emails that were passed to the lawyers Harbottle & Lewis, but not to the police til June 20 this year (see earlier posts for more on this).
That said, the Murdochs will probably be seen to have emerged bruised but not broken by today's ordeal - which is why the share price of News Corporation, the parent company, has risen.
As for James Murdoch, he was probably as polished and relaxed as was possible in the circumstances. Which may persuade the non-executive directors of British Sky Broadcasting, where he is chairman, to wait a while longer before deciding whether he should be asked to stand down.
For the Murdochs, and the tens of thousands of work for their companies, the full ramifications of the scandal won't be known for months if not years, till the results are in of all those investigations, by the judge who was appointed by the prime minister, and by the police.
|
Unfortunately ..... 
|
Threaded Mode