[hackgate] How Bad Is News Corp? … more From Michael Wolff On Hackgate … ‘In London, there have now been 10 arrests. While British law does not provide for the kind of U.S.-style plea bargaining that can easily flip a co-conspirator, there is, ever-more apparently, no where else to turn. There will be no News International safe haven in terms of cash or comfort. While the company continues to pay legal fees, and, in the case of Rebekah Brooks, apparently continues to keep her on the payroll (despite representations otherwise), this is a last gasp of the company’s ability to buy dedication. There are too many questions now. In other words, the value of loyalty is fast running out. In the end, it will be a human drama, as all scandals are, about lives and careers upended and the necessity to save yourself.’
This entry was posted on Wednesday, August 10th, 2011 at 12:05 pm and is filed under Hackgate.