Naked Capitalism has a detailed rundown on the latest news, including the Murdoch’s shooting their employees in the head to save themselves, Brooks, and the BSkyB deal.
Rebekah Brooks no longer in charge of phone-hacking inquiry
British Prime Minister’s ex-aide arrested.
Andy Coulson, former News of the World (NoW) editor and media spokesman for prime minister David Cameron, was arrested on Friday along with another journalist as authorities responded to charges of widespread telephone-hacking and corruption at the Rupert Murdoch-owned British newspaper.
This scandal is just warming up…