>> the likelihood of other managers in news corp facing criminal charges is very serious, and we'll find out a lot more next tuesday when mr. murdoch uhis son james and rebecca brooke, ceo of news international, the uk unit face questioning in parliament. >> susie: this raises questions about succession. rupert murdoch has always talked about having one or all of his kids running the company. james, has been the heir apparent. what is the future of the murdoch dynasty? >> it's probably in jeopardy right now. the outcry against the murdochs in the uk has not really begun to penetrate the situation in the market here. but independent directors of news corp may be looking at that whole question of succession, and the murdoch dynasty. certainly the market has been downgrading over the years news corp because of the nepatistick approach bringing his three kids into the company. that has depressed the share price and market value of news corp. it's very likely that there may be somebody other than a murdoch running the company in the future. >> susie: let's talk

chief operating officer were there to answer questions about the problems at the news of the world newspaper. you'll recall news corps recently closed that then 168-year-old tabloid after accusations that staffers hacked the voice mail accounts of people whom they were covering. james murdock started out today by apologizing to all those affected? >> first of all, i would like to say as well just how sorry i am and how sorry we are to particularly to victims of illegal voice mail interceptions and to their families. it's a matter of great regret of mine, my father's, and everyone at news corporation and these are standards, these actions too not live up to the standards that our company aspires to everywhere around the world. it is our determination to both put things right, make sure these things don't happen again, and to be the company that i know we have always aspired to be. >> shepard: but lawmakers wanted to know just how much the murdocks knew about the problems and when they knew about them. >> mr. murdock, at what point did you find out the criminality was endemic at news of the world >> endemic is a very h

we've been tracking the slump in news corp stock in the wake of the hacking allegations. news corp shares actually closed up by just over 2.5%. in australia today, that reprieve coming after a two-year low on monday and as bloomberg reports that news corp is considering replacing rupert murdoch with coo chase caray. the company dismissed speculation that murdoch may step down. as for news corp's u.s. shares they sank to a six-month low monday dropping another 5% and the company's loss more than $8 billion in market value in the past two weeks alone. july 5th, which was when those allegations about the scandal started to surface and at that time news corp's share price was $18.54, let's move on, by july the 11th, news corp stock actually reached over $16 a share. now that was the week that rupert murdoch withdrew his bid for bskyb, bring it up to date, this week and here's the share price for this week, and july 18th, monday share price was $15.40. that following the arrest of rebekah brooks, which as some of you may be aware was on sunday. so the political pressure may spr

the u.k. how much reform there will be in news corp. itself depends on the markets in the months to come. >> the site of two of the most powerful men in the world facing three hours of questioning from british politicians was extraordinary. some might have been reminded of the 1973 watergate hearings. stephen smith assesses the impact of the murdochs' appearance. >> summer. festivals, showtime, but if you are a "newsnight" viewer, hanging around in the chill-out tent does not cut it. the sheer spectacle has little to match the prospect of the murdochs and brooks appearing before the select committee. but did the lineup live up to the hype? how did it shaped up as an event? and what did it tell us, if anything, about the state of our institutions? first, did it cut it as drama? >> rupert murdoch is a bit like king lear, and he is rather surprised how it has turned out. the tension between james murdoch and elizabeth murdock is one of the stories. another is the way that rebecca brooks. and then you have the slightly unexpected situation t

the news corp's share price fell sharply at the beginning of this week. they're fighting a lawsuit by one group of shareholders who claimed these revelations show a culture run amok with in news corp. and a board that provides no effective review or oversight. the claim adds, throughout his tenure, murdoch has treated news corp. like a family candy jar that he rates whenever his appetites strikes. now some believe the corporation may begin to pull out of the newspaper business. many doubted james murdoch will ever succeed his father as his head -- as its head. >> investors need to know that there is a capable leader. there is some question now as to whether james murdoch is that a capable leader to actually run the enterprise. the other thing shareholders need and are looking for is reassurance that advertisers are not going to flee the worst -- flee the newspaper titles. in the worst-case scenario, should you get the fleeing of advertisers there that you had here from news of the world, the only other option is to actually kill those brands in the way tha

the now defunct "news of the world" tabloid. he also dedpended his handling of the scandal. the news corp. eo and his son appeared before british legislators in a dramatic hearing that the elder murdoch called the most mumble day of my life. >>> stock jumped in australia and also in new york specifically in response to the murdochs' comments. the scandal has made a significant debt in the family's wealth pile. news corp. stocks fell by more than 12% in response to the hacking claims and the subsequent public outrage that followed. as a result, the shares owned by the murdoch family have loved more than $750 million in terms of their value. it's still worth remember that the family's stake in news corp. is worth more than $5 billion. the british prime minister david cameron could be in for a rough day as well today himself. he'll be facing parliament less than two hours from now addressing the news corp. phone hacking scandal head on and also what his opponents describe as a cozy relationship with news corp. executives like these two. his appearance comes hot on the heels of a parliamentary

now on the nasdaq in new york on monday, news corp shares closed down more, by 7% and since the scandal began, news corp lost around 11% of its value, which is around $5 billion. charles? >> well let's have a look into what the former british prime minister tony blair has been saying, because his successor, gordon brown has been targeted by the media but of course blair himself knows that while in office he took his share of journalistic jabs but he says he wasn't a victim of phone hacking for a simple reason, he didn't have a mobile, he didn't have a cell phone. mr. blair spokes to cnn's wolf blitzer and admitted it's sometimes difficult to strike a balance between the powers of british politicians and the press. >> there's a story out there in england right now that you urged gordon brown, the former prime minister to hold back in criticizing rupert murdoch and his empire in england because he would come back and slam you if he were to do so. is that story true? >> that is absolutely and categorically untrue. >> what happened? >> nothing happened. >> what did you tell gordon brown? >>

the wall street. is now owned by news corp or news corp and it is is not going to give shareholders in news corp a real the real story on on this and what it could mean to their to their bottom line and that's that's a real problem you don't get real news when when so much power is concentrated it will be you want to jump in there go ahead i just want to take you see you with the optimistic note kevin struck imagining. this the fallout from the scandal would ultimately be good for democracy my worry is that if the fallout from this scandal he's a regular of the press and much more rigorous in false meant that the existing rules as they affect the press is that you'll end up with a very regulated print media which will then be unable to. it's would be completely unregulated internet media and i'm not sure that if people become less reliant on the print media even on television news and more reliance on what they're doing from the internet that that would be good for democracy can anyone reply that that's an interesting point well of course where we're actually seeing much less reliance on the print medi

have taken the view that news corp. would have to pay 9.6 billion pounds for the british sky broadcasting shares. following this news today, the media regulator says it has a duty to be satisfied that the holder of the broadcasting license is fit and proper. there is a risk it could be brought or unscrambled. b sky b directors may say that news corp. has to pay more to compensate for the risk or the deal may never happen. there may be incentive for news corp. to delay the takeover, pending greater clarity on whether they will be suitable owners of sky in the light of what ever further shocking disclosures are made about how the news of the world of pain stories. -- about how the news of the world cup team stories. >> this is the bbc. >>> the maid had lines, the news of the world newspaper faces new allegations of phone hacking and rupert murdoch has ordered full cooperation with the police. at the 35 people from a wedding party were killed in northern india when their bus was hit by a train at a railroad crossing. >>> th

stations you own that cover forty percent of united states he should not be allowed a license of the news corp's license it should be revoked and a new news station or a ship should come into play so i don't think he has any place the united states and it's very important for. ok to be i'd like to go to you in london what do you think about what kevin had to say because we all know on this panel that these kind of practice is have been going on for a long time ok why the moral play now. well i think i'd. ask kevin to define what he means by bribe a little more carefully because that sounds slightly overstating it what some of rupert murdoch's british newspapers have been accused of doing is paying the police the story the story is giving them tips in return for tip offs and i think that is absolutely. within any tabloid newspaper culture in virtually any country in the world it's not a case i don't think anyone at this stage is accused news international the british subsidiary news corp of actually bribing police officers to drop charges against them or anything like that it's simply paying for

trial, news corp. settled the case out of court reportedly for about $29 million. shortly after settling, news corp. then bought the company it accused of hacking. little fish meet big fish, chomp. about 12 hours from right now, rupert murdoch and his son james murdoch will be testifying about the phone hacking scandal that's now threatening to take down at least some of the murdoch media empire ahead of what is expected to be must-see tv here on msnbc naturally, news corp. provided a statement to nbc news that reads in part "we reject the notion that the issues at news international are somehow indicative of our culture." this is an isolated incident, this is not we at news corp. do business. one little paper. rest of us don't recognize the paper. it is key to rupert murdoch surviving the scandal. this is a "news of the world" problem, they'll say, not a murdoch problem. only problem, david carr, excellent media reporter for the new york times wrote today, the way news corp. cleaned up this alleged hacking scanda

>>> if you thought the defense of news corp. was odd, wait until you hear bill o'reilly's stance. >>> the president first tried to sell his plan to nancy pelosi and harry reid. and then the obstructionists came over to the white house. boehner and mk skon el. they have to convince members of their party to accept over a trillion dollars in revenue increases in order to take this zeal. don't hold your breath, it ain't gonna happen. republican leaders were with the president meeting today, freshman tea party bomb thrower joe waffle cilsh circulating a not to agree with the plan. walsh is expecting to have at least 100 signatures in the coming days. if 100 house republicans won't vote for a plan with zero tax increases, there's no way on earth they're going to go along with the gang of six deal. senator tom harkin nailed the republicans on this one. >> the sad reality is that america no longer has a two party system. one of our two parties has morphed into kind of a cult driven by a singular fixation and obsession, preserving and ex

the weekend. >>shepard: thank you, we will be watching. breaking news now on fox news channel, and it of the phone hacking scandal at the new corps british tab"news of the world." police in england confirm the former staffer who blew the whistle on the newspaper which has been shut down has been found dead in his home. it accused the former editor of encouraging employees to tab into people's phones and new corps is the parent company of this network and our chief correspondent for the fox report has the details of this live from the newsroom. the whistleblower on the "news of the world," found dead. >>shepard: his was a former show business reporter for the "news of the world," the first journalist to publicly claim that former editor of "news of the world," was aware of the phone hacking and worked on "the sun," and "news of the world," before being fired for drink and drug problems. he was treated for addiction issues and police have confirmed his death and they say "the death is currently being treated as unexplained but not in the to be suspicious." police investigations into the incident are ongoing. that is a picture of hall. he told

economy trash an agenda rock gave has officially crossed the international time zones into the u.s. news corp has admitted to hacking an american company and fox news be the next to correct. you need to know this the american people have spoken and it's time republicans and democrats listen according to a new a.b.c. washington post poll sixty two percent of americans want to see a balanced approach to raising the debt limit that includes both spending cuts and revenue increases and when it comes to what sort of revenue raises the american people want to see republicans heads are about to explode a whopping seventy two percent of americans support raising taxes on people who make more than a quarter million dollars a year only twenty seven percent oppose not only that large majorities of americans also support raising the social security tax cap closing the hedge fund manager tax loophole and cutting off taxpayer subsidies for big oil corporations curiously none of these reforms are part of the gang of six deal. now all the rage on capitol hill but a new gallup poll renders what's going on ato

with toby the there is quite a bit of far too cozy relationship between the media in general and and politicians and in news corp's case in particular fox news channel is widely regarded fairly or unfairly as a as the organ of the republican party and i mean if you just look at look at who there are on air personalities personalities have been it's loaded with either current or potential presidential candidates from the republican party so it's no secret that fox news channel tends to favor a conservative point of view and if you are a politician on the right you certainly want to curry favor and if you're a politician on the on the left you have to be afraid of that attack machine coming after you and they've claimed a number of scalps in the pl in the political establishment here and nobody wants to put his or her neck too far out on that line. campaign if i go to you he has been murdoch been successful because of corrupt business practices because we did a program on this subject last week and we had a gentleman that was from the left but actually praised murdoch for his business model but maybe that business m

fox news channel, murdoch himself, $1 p 250,000 to the republican governors association which news corpontributed last year. hundreds of thousands of dollars funneled mostly to leading republicans, but not exclusively. this and in new york state politics. hillary clinton, chuck schumer all of them have cultivated the murdochs and i think that there's a taint now over the company and over murdoch himself that's going to be very hard to erase early on. >> you on the wonder if all of a sudden there's more of a willingness by politicians on both sides it have the pond to stand up to him. robert moore, martin besheer told me a story about how murdoch entertains on an annual business. anyone who is anyone in the parliament they're there and they were all scared to death to ever speak out in opposition of a perceived position of murdoch's, the tide has changed in the last three weeks. >> the political culture in britain has been turned on its head. there were politicians from the conservative party and labour party who were enthralled with rue merit murdoch. -- rupert murdoch. the political cu

culture it's actually any country in the world it's not a case i don't think anyone at this stage has accused news international the british that surgery of news corp actually bribing police officers to drop charges against them or anything like that it's simply paying for information tipoffs ok is that is that is that can still fall foul of the corrupt practices act when you want to jump in there before we go today i think. yeah i think i would i think i would still would for the problem to the federal foreign corrupt practices act is essentially doing neither for a visual in order to benefit their corporation in a probably and that's what a bribe is because they're not going to drop charges that kind of thing although it's pretty interesting how those those in this investigation started years and five can really proceed very far as we will find more about about that later but i do think that what the british were told we described would be considered a bribe ok dave it sounds to me we were playing to go ahead and go to this. supposed wood or bernstein. paid deep throat for the information which led to the watergate exposure do you think that that

now that i will take another look at the phone hacking scandal that engulfed the news corp and clothing over at murdoch's testimony to the british parliament yesterday was that performance the real end of his career robert greenwald bringing film stories that's also yet another statement by a u.s. official has been found to be blatantly wrong so we're going to tell you what it is when we speak with glenn greenwald and aaron swartz has been arrested for downloading millions of documents from store on mit's network and could face up to thirty five years in prison we're going to speak about the debate over open access but first let's take a look at what the mainstream media has decided to meet. a g.o.p. presidential candidate michele bachmann is surged to the number two spot a new poll right behind mitt romney and just like all presidential campaigns this one's getting dirty anonymous former bachmann staffer told the daily caller that michele bachmann suffers from migraines and what do you know the mainstream media has just gone absolutely crazy over it. is surging in the polls but conside

in the u.s., the fbi is closing allegations that news corp. tried to hack into the phone records of victims of the 9/11 attack. more on that border of the story -- part of the story. news corp. is headquartered in new york. the fbi seems to be bowing to pressure from politicians. >> that is right. what happened last night, a republican congressman from long island called on the fbi to open an investigation and two reports there was an attempt to obtain the phone records and numbers of the 9/11 victims, especially british victims and this attempt was made by "news of the world" reporters. this is the allegation. made in a rival newspaper. this is what it politicians want to have investigated. 9/11 is a totemic issue as we approach the 10th anniversary. people cannot believe this could be -- possibly have happened. i understand the investigation is in its preliminary stages. it does not mean a thing has done wrong but murdoch was a company is facing investigations on both sides of the atlantic. >> we heard a little bit about his interview. he cam

dumping everything on the paper, the "news of the world" and at one point rupert murdoch said that "news of the world" represents less than one percent of the news corp used it in his own admission as a kind of execution for why he didn't know what was going on there, and he talks about the fact that he hired people around the world that he trusted to run his company. he doesn't know the ins and outs of what was necessarily going on in the paper. and another thing that happened here, ezra, too, as you mentioned the family dynamic. and very clearly james murdoch took control of the questioning early on. at times jumping in for his father, and at times actually taking questions when rupert murdoch turned to him and asked him what the answer was. ezra. >> stephanie gosk reporting from london. our thanks. >>> what makes murdoch and more importantly his empire vulnerable is an embarrassment. it is not forgetfulness or high velocity pastry, but it is money. murdoch is a genius businessman and that can't be denied, but he is also a man of deep passions and ideological commitments and long-held grudges and the market knows it. a recent bloomberg story led wi

the united states is it really that far fetched believe fox news was the same ones. i think it's not and now some people are beginning to connect the dots between news corp news and another hack job the climate gate scandal of two thousand and nine if you remember just before the un's copenhagen climate summit in december of two thousand and nine the secured servers along the climate research unit at the university of east anglia in the u.k. were hacked into and thousands of emails between climate scientists were stolen we now know that around the same time where this police were investigating this hack job they were also getting paid off by news corp to cover up other hacking crimes by rupert murdoch's news of the world we also know that rupert murdoch's fox news went crazy with the stolen emails and devoted months and months of coverage to hype them up as evidence that global warming is a hoax even though none of the stolen emails actually pointed to that conclusion and in fact they confirmed that global warming is real and has made many many so is this just a coincidence was fox news news corp behind the climate gate acting scandal two and if so what should be the con

lot of forms and fashions it's not only in terms of the staff members and the relationships that have been built with news corp executives but also the money issues that have been coming into play here both in terms of campaign finance and the direct lobbying efforts that have been waged by news corp and its various subsidiaries who would have thought would end there like this almost a fight isn't it between heavyweights meadow and catherine if you things eventually going to lose his job oh it's very difficult to save but certainly you have the news corp folks reeling right now and but of course what david cameron and many of my colleagues have been reporting on this through great degree even a very bad situation soon now here in america things have not heated up quite as much nearly as it has over in england but you've got to be able to think that in a month or two months or some time down the road that this is also going to come to us shores as well in a fashion that's going to be very prominent and certainly very profound as well back in the u.k. course is will play very much into the hands of labor's ed mi

news." the federal bureau of investigations in the united states as open an inquiry into allegations that rupert murdoch's news corp. packed into phones of victims of the 9/11 attacks. the decision followed a request from federal officials. >> rebuilding is underway at the world trade center site, scene of the 9/11 attacks where 33,000 people -- 3300 people were killed. there are allegations that news of the world journalist tried to obtain the phone records of 9/11 victims. a new york lawmaker put the fbi investigation that is now underway. >> i represent a district that lost 150 people on september 11. anyone who hacked into the folds of those rare killed, those or missing at any time, especially during that tragic time, is indefensible. >> the news corp. has offices in manhattan. 9/11 relatives hope the fbi will find out any truth to the allegations. >> i heard that this is at the expense of the united states and 9/11 victims. i was deeply upset and very concerned. i would like to see accountability and responsibility. no one is above the law. >> meanwhile, rupert murdoch was given an interview by his own wall s

this latest disclosures about systematic wrongdoing at news of the world could not come at a worse time for the papers under, because news corp. is trying dubbed by one of the important business media businesses in the u.k., british sky broadcasting. his news corp. owns just 39% of it. the reason he wants 100% is because bskyb is a growing business, generating huge amounts of cash. this year profits are close to 1 billion pounds. news of the world off is under pressure. mr. murdoch has been arguing that his takeover should be allowed to go through without a lengthy investigation. jeremy hunt had a deal. now mr. murdoch withdrew that, asking for the deal to go to the ofcom. the delay in the takeover is better for him than the alternative of abandoning it all together. as a result, of the corporation an announcement this afternoon, i am wonder referred this to the competition commission. and we will be writing to them this afternoon. >> the leader of the opposition did not want to hear from mr. hunt. >> the prime minister was wrong not to come to the house of commons today. as on every occasion during this crisis, he has failed

. >> let me ask you about a new twist to this, about the news corpere are reports that quote, i'm going to quote the sorry, news america had illegally accessed plaintiff's computer system and obtained proprietary information and dissem nated false, misleading and malicious information about the plaintiff. the breach was traced to an ip address registered to news america after the break-in. the competitor lost contracts. these are pretty strong accusations. it turns out the man who runs news america when this happened, or ran it when it happened, is paul california calucci and he is publisher of the new york post. does that concern you? >> well certainly the allegations that the story has are concerning. look, we think that what happened in great britain is outrageous. it is standard of journalism, an standard we want to see here in the united states. and in fact, if such actions took place against individuals and entities here in the united states, you know, it needs to be investigated. certainly, in my concern for 9/11 victims and families, if what

the department of defense said it had been described as art -- disguised as art, weighing up to 10 kilos each. >> a new drama in the hacking scandal and the u.k. >> news corphas withdrawn its controversial bid for a full takeover of the state -- b sky b. a warning, this report from our business editor contains some flash photography. >> rupert murdoch, the great news murder -- news mobile, in the news for what he would see as the wrong reasons. putting on one of the great humiliations' of his career, the abandonment of his attempt to buy all british broadcasting. in his statement he said, "we believe the proposed acquisition would benefit both companies, but it has become clear that it is too difficult to progress in this climate." that adverse climate, protest outside parliament and inside, about the b sky b deal. and after the deal is off? >> i think this is the right decision. this company clearly needs to sort out the problems at news international and at news of the world. it is also the right decision for the country, too. >> it is the second setback for mr. murdoch. just days ago he closed the news of the world because of the allegations that they i

, to close down the news of the world, the decision made by news corp.? >> it was the result of a discussion between my son and i. and senior executives. and ms. brooks, one morning, who called the board of news corporation, the whole board, to seek their agreement. >> you have already suggested it is because you felt ashamed. there is not a suggestion it was a commercial decision to decide to close the news of the world. >> that's correct. >> and moving onto the financial government arrangements with news corp., you suggested earlier that the payments to mr. taylor were not at the news corp. level because of the finance threshold. could you tell us more about that? i understand, you have to agree to the payments, mr. taylor, could you tell us a bit more, was that a financial level, a managerial decision? >> it was, i'm happy to discuss and, thank you, a good question. i am very happy to discuss the matter of mr. taylor. the out-of-court settlement with mr. taylor was related to a voice mail interception that had occurred previously, and was actually one o

the u.s. murdoch's news corp face a one hundred million dollar bill from the u.s. department of justice may soon be launching an investigation into news corp for violating the foreign corrupt practices act after it was learned that news of the world recently paid off corrupted british police officers so could this be the beginning of the end for murdoch's reign as the world's richest media mogul and should american regulators be taking a closer look at news corp operations here in the united states joining us now to offer his take is stephen webster senior editor at ross story stephen welcome it's based on this is no small issue i mean there's evidence that the sunday times owned by murdoch hacked bank brown's bank records is in france son's medical records and publish a story on the child serious illness or do you think this is going to end up in the u.k. . in the you're hearing i agree this will likely be reduced their attempt to start a process that a number of our distance are not right i'm not against it it needs to be referred to us. you know so impacts on the

>>> and the news corp. -hacking scandal hits a new boiling point in britain with the arrest of one of rupert murdoch's top executives. and the resignation also of england's top cop. the question this morning is, could this scandal lead to the breakup of murdoch's empire? >>> and if you like me were watching all that soccer over the weekend, the question is, did any country deserve to win this more than japan? it's "way too early" for this.

. >> we have more on the news corp. dog and pony show. and the election results everyone is waiting for out of wisconsin. we will talk to the first member of the wisconsin 14 to face a recall election. >>> good evening, americans, thanks for joining us tonight. with less than two weeks before the united states defaults on its obligations, president obama and the gang of six in the senate think that they have come up with a plan that might save the day. the president made a statement in the white house briefing room after a group of 47 senators were briefed on the plan by the gang of six. the plan would cut the deficit by 3.7 trillion over ten years, including a trillion dollar hike in revenue. i don't know how the republicans are going to go along with that. the president wants republicans to just understand just how much he's giving up to get them to take the deal. >> here's where we stand. we have a democratic president and administration that is prepared to sign a tough package that includes both spending cuts, modifications to social s

course and also is this an isolated incident tapping attacking something that goes on throughout the news corp and is it an isolated incident with the news corp or are there other newspapers in fact in the u.k. who engage in that kinds of those kinds of behavior there's a question we should be asking. a little earlier in london for more insight on the story let's now talk to rob lines deputy editor of the online magazine spike he's also joining us from london rob it's been known for years that the news of the world has been engaged in phone hacking yet it always been blamed on one or two rogue reporters so how was it allowed to go as far as it apparently has. well i mean i think the idea that it was only one or two rogue reporters was always a bit of a myth and i don't think very many people really believe that there was a pressure within the news the world to get the big score stories the big scoops. said by pretty much any means necessary. as it happens means that. if you aren't really all that new all that morally you feel like different from from the things that local newspapers and nation

and the fact is also that, you know, news corp. gle company, it was run as a single company with fairly close attention paid by rupert murdoch personally to the media properties in the u.s. and the uk with a single corporate culture. so what we're finding out about news corp. culture in the uk i think very much applies to news corp. in the united states. >> jump in, richard. i think you have something to say about that, particularly this question about rupert murdoch and his role. >> well, the point is, look, away from phone hacking and the minutia of who hacked whose phones or bribed who, there are real questions about corporate governance here. and not only about why didn't the chain of command escalate these very serious issues, but the independent directors of news corp., what were they doing? and the dual share structure, the voting structure of news corp. that allowed news corp. and the murdochs to have such control over what is a huge public company, prolisted company now. those are other issues. i think we're seeing it from

hacking scandal he said it was an unacceptable invasion into the lives of private people and here except that news of the world. and. news corp news international had broken trust with its readers he said he'd made mistakes and the people he trusted had been betrayed there's been another interesting development as well in that this scandal now has a death to go along with it police found the body of a man called sean hall in his house just on monday he was the first names journalist to allege that he was editor at the time and he calls another news of the world who later became david cameron the prime minister's director of communications knew all along about the phone hacking and had actively encouraged his journalists to hack into phones now that news has really broken on twitter that the twitter r.t. as we call them are going going insane about it really comparing the death of sean hoare to the death of david kelly in two thousand and three but he of course was the u.n. weapons inspector who first cast doubts on the government's claims that iraq could deploy weapons of mass destruction within forty five minutes. those two

engulfed more victims and politicians look for cover all eyes are on the future of news corp and its assets in the us and beyond has the murdoch family finally outfoxed itself. and. crossed out the implications of the phone hacking scandal i'm joined by kevin zeese in baltimore he's a spokesperson and lawyer for the government accountability group protect our elections and author of an open letter to the f.b.i. and s.c.c. urging them to investigate murdoch's news corporation in the us in washington we have dave south danae he is communications director for free press and in london we cross to toby young he's a journalist and author of how to lose friends and alienate people all right gentlemen crosstalk rules and in fact that means you can jump in anytime you want kevin if i can go to you first because of your open letter here i took a look at some of the button laws and bylaws of the f.c.c. and they basically their job is to make sure how the airwaves are used and they have to ensure that they're used by people of quote good character who serve the public interest and speak with cand

news corp. will look like going forward. lots of question marks about the independence of the news corp. board and whether we'll see moves on that front as rupert murdoch is forced to relinquish some power. >> the u.s. secretary of state hillary clinton in athens, greece, voicing strong support for that country, including their debt crisis. there is a meeting in brussels this thursday where they'll decide on a new bailout package. what do we expect to learn then? >> reporter: well, we expect to learn that somebody will finally get their own way. will it be the ecb that doesn't want a private sector haircut, so to speak, loss on bonds, private investors are worried about contagion effect or will the german view prevail which says, yes, the private sector must take their fair share of the losses in order for us to move forward on this? the german, the pay masters throughout europe, are very concerned that once again the buck will stop with them and they will end up paying disproportionately large amounts to bail out not only greece, portugal, ireland and italy. we haven't got a concrete vie

the e.u. those concerns. i think it's one of conditions towards e.u. membership. as news corp chief swallow the bitter pill of a major media story critics say there is no surprise the scandal gulped in society privacy has been really deep valued. in russia's cultural life doesn't stop at moscow and to prove it the moscow team it took a three hundred kilometer drive to the so-called city of brides that's up next. hello and welcome to the program. brides. celebrating its one hundred forty. and with a whole range. from film festivals to exhibitions it's still all happening in the. team to drive the journey which. you can also take you know. some of the. revolution. took place and it. took place here. in the middle. of russia because. you can see one of the.

two major developments in the phone hacking scandal and bribery scandal involving rupert murdoch's news corprebecca brooks, former editor of "news of the world," has been arrested and is now being questioned. brooks, who is often called murdoch's surrogate daughter, was the head of news corp's british newspapers until she resigned on friday. and this london police commissioner also resigning over his connection to a former executive editor of "news of the world" paper. >> happy birthday. i wish you everything that is beautiful. he's been a grandfather. >>> south african native charlize theron wishes one of the best known freedom fighters a happy birthday. nelson mandela turns 93 on monday. south africans are asked to volunteer 67 minutes to service representing each year mandela fought against the segregationist policies of apartheid. ♪ it's a celebration ♪ celebrate good times ♪ come on >> celebration from kool and the gang was the latest wake-up song for the crew onboard "atlantis." day 10 of america's last shuttle flight. the song was played for mission specialist sandy magnus seen with h

will release their earnings after the closing bell this afternoon. >>> news corp ceo rupert murdoch ands son, james, will appear before parliament just hours from now. the company has lost $8 billion until market value since the news broke on july 5th. >>> investors rushing to gold for security amid global concerns of mounting debt in europe and the u.s. gold prices set a new record monday settling above $1,600 an ounce for the first time. >>> borders calling it quick. the bookstore chain could not secure a buyer in time to save it from bankruptcy. 1,600 people will lose their jobs. cisco announcing 6,500 job cuts from vice president levels or higher. the layoffs are part of the plan to streamline the tech business. "american morning" back right after the break. while energy developement comes with some risk, north america's natural gas producers are committed to safely and responsibly providing decades of cleaner burning energy for our country, drilling thousands of feet below fresh water sources within self contained well systems and using state of the art monitoring technologies, rig