The months of phone hacking investigations have concluded, and the result is this: Rupert Murdoch has done a lot of bad things. And that’s just us being nice. The report gathered by the British panel had a lot worse language in it.
- “On the basis of the facts and evidence before the committee, we conclude that, if at all relevant times Rupert Murdoch did not take steps to become fully informed about phone hacking, he turned a blind eye and exhibited willful blindness to what was going on in his companies and publications”
- The scandal “speaks volumes about the lack of effective corporate governance at News Corporation and News International”
- James Murdoch displayed “willful ignorance”
- “Rupert Murdoch is not a fit person to exercise the stewardship of a major international company”
- Les Hinton, Colin Myler, and Tom Crone all misled Parliament with their testimonies
Phew! Those are some damning quotes, and we only picked out our favorites. Of course now that the report is out, there is much more to be done; there could be perjury charges coming and we’ll see how News Corp. shareholders feel about these findings.
In other words, don’t be surprised if Murdoch doesn’t tweet much over the next few days. He’s got some bigger things to think about.
- News Corp. Has Spent $382 Million on Phone Hacking Scandal Legal Fees
- Senator Seeks Evidence in News Corp. Phone Hacking
- News Corp Brushes Aside Secret Rupert Murdoch Recording
- Leveson Report Suggests News Corp. Cover-Up