Here's an interesting CNN interview with Carl Bernstein, who compares the News of the World phone hacking scandal to Watergate.
The situation is so bad that even top cops are losing their jobs over it. Today, Sir Paul Stephenson, the head of Scotland Yard, resigned just hours after his officers arrested Rebekah Brooks, who up until Friday had been chief of Rupert Murdoch’s News International. And so the highly entertaining implosion of the Murdoch media empire continues. For now, it's only happening in the UK.
Hours after Brooks resigned her post on Friday, her predecessor at News International, Les Hinton, also resigned his post as CEO of Dow Jones, another Murdoch media entity. Dow Jones publishes The Wall Street Journal.
Oh yeah, and then there's this too.
Meanwhile, the FBI is also investigating News Corp. after a report that employees or associates may have tried to hack into phone conversations and voice mail of September 11 survivors, victims and their families.
Murdoch's News Corp. encompasses Fox News, The Wall Street Journal, the New York Post and Harper Collins publishers in the United States. News International -- a British subsidiary of News Corp. -- owns the Sun, The Times and The Sunday Times in Britain.
Needless to say, this is pretty huge.
Murdoch stormed onto the scene as an unprecedented 4th television network in 1986. It seems like his presence at the table is no longer welcome.