Wednesday, February 29, 2012

James Murdoch Steps Down As Executive Chairman Of (FOX) News (Corp)International

"But the reshuffling will be widely seen as a reflection of James' deeply diminished stature following wave after wave of damaging allegations about his complicity in News Corp.'s still-simmering phone hacking scandal. That scandal has mushroomed into a full-blown nightmare for the company, with the persistent threat of serious prosecution hanging in the air."


http://www.huffingtonpost.com/2012/02/29/james-murdoch-steps-down-news-international_n_1309953.html?ref=daily-brief?utm_source=DailyBrief&utm_campaign=022912&utm_medium=email&utm_content=NewsEntry&utm_term=Daily%20Brief