Kermit Allard 's blog ::...65.81. Both oil majors are components of the Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (INDU 8,404, +103.78, +1.25%) , which...
Rupert Murdoch is embroiled in scandal and perhaps even a legal fight over the phone hacking and bribery allegations against his News Of The World tabloid. Murdoch spent Tuesday answering questions from the British parliament over the accusations and how he personally handled the hacking scandal. So far, several people associated with News Of The World have been arrested, including Rebekah Brooks, Andy Coulson and Clive Goodman. Here are a few of the most notable quotes since the scandal broke. "This is the most humble day of my career." -- Murdoch stated this at the beginning of his parliamentary hearing. "Mr. Murdoch, your wife has a very good left hook." -- The quote was spoken by Tom Watson near the end of Murdoch's testimony to Parliament as reported by Yahoo! News. A man wearing a flannel shirt had stood and rapidly approached Rupert with the intent of hitting him in the face with a shaving cream pie. Murdoch's wife slapped it out of the would-be assailant's hand, and the interrogation continued with Murdoch sans jacket. "Perhaps I lost sight of (News Of The World) because it is so small in the general frame of our company." -- Murdoch explained that he rang the News Of The World editor sometimes on a Saturday. Previously, Murdoch had said that he spoke with the editor of the Sunday Times "nearly every Saturday." He also denied that he is hands-off during the same segment due to the "multitude of issues" he has to handle every day, as reported by ABC News. "'We have broken our trust with our readers,' a grim Rupert Murdoch said," during his parliamentary hearing, as reported by ABC News/Money. "We had been told by people at News of the World at the time -- they consistently denied any of these allegations in various internal investigations." -- Rebekah Brooks during her testimony before Parliament "It stinks. It makes our stomachs churn, to be bizarrely held accountable for some dips**t tabloid guys from eight years ago. It's absurd." -- News Of The World employee after Brooks had resigned and was subsequently arrested. It was reported by The Daily Beast on July 14. "'If I had known what I know now, I would have pushed harder against' the Murdoch bid, said Christopher Bancroft, a member of the family which controlled Dow Jones & Company, publishers of The Wall Street Journal," as reported by ProPublica July 13. The Bancroft family sold The Wall Street Journal to Murdoch in 2007 for $60 a share. "You don't make decisions in hindsight." -- UK Prime Minister Cameron in reference to the hiring of Coulson. "Anyone mentioning ethics or refusing to be cooperative with dubious practices would have been effectively exiled by the news desk and labeled as 'flaky.'" -- Reporter who worked for the News Of The World for seven years, according to the Associated Press. Resources: Mark Hughes, "News of the World phone hacking: Andy Coulson arrested and his computer seized", The Telegraph Paisley Dodds, "Murdoch rejects blame for hack scandal at hearing", Associated Press Phoebe Connelly, "Who is Wendi Deng?" The Cutline Susanna Kim, "Rupert Murdoch Scandal: Man Attempts Attack on Mogul During Hearing; Murdoch's Wife Lunges at Attacker", ABC News/Money "Murdock: 'Perhaps I Lost Sight' of the Newspaper'", ABC News Video "Dow Chief Quits in Phone-Hack Scandal", The Daily Beast Richard Tofel, "Bancroft Family Members Express Regrets at Selling Wall Street Journal to Murdoch", ProPublica "News Corp ends legals fees for hacking investigator", Associated Press. Raphael G. Satter, "With Brooks arrested, tabloid insiders open up," Associated Press |
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