2011-07-11

Want more proof that corporations don't think and are not accountable?

http://www.usatoday.com/money/media/2011-07-11-Rupert-Murdoch-News-Corp-phone-hacking_n.htm

You seriously have to wonder if any of their American holdings were engaged in such criminal activities?

Hacking phone messages of murder victims and dead soldier's families?
Paying police for tips?
Illegally accessing medical records of a former British Prime Minister and his family?

Perhaps -

If angry shareholders have their way, the allegations of illegal phone hacking and corporate corruption that closed the 168-year-old News of the World, in London, will mark the beginning of a wide-reaching reckoning for the Australian business tycoon.

In a lawsuit filed Monday in Delaware, a coalition of institutional investors alleged, among numerous complaints, "These revelations show a culture run amuck within News Corp. and a board that provides no effective review or oversight."

Can anyone say Foreign Corrupt Practices Act? I wonder if Murdoch will?

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