After this morning’s brutal report from the British panel, you had to figure Rupert Murdoch would eventually address it with staffers. Jim Romenesko obtained a memo from Murdoch to Dow Jones employees, and here is a snippet:
I recognize that for all of us – myself in particular – it is difficult to read many of the report’s findings. But we have done the most difficult part, which has been to take a long, hard and honest look at our past mistakes.
There is no easy way around this, but I am proud to say that we have been working hard to put things right.
We certainly should have acted more quickly and aggressively to uncover wrongdoing. We deeply regret what took place and have taken our share of responsibility for not rectifying the situation sooner.
For the full memo, click through.