Murdoch's Hacking Strategy Decision Backfired

Feb. 10 (Bloomberg) -- On May 19, 2011, Rupert Murdoch hosted a dinner party to hash out once and for all how to handle the phone-hacking scandal that had been hanging over the company for months and was suddenly spinning out of control. Murdoch chose that evening to stick to a London-based containment strategy, with News Corp.'s U.K. head Rebekah Brooks supervising it. Nine months later, the consequences of that decision still reverberate, Bloomberg Businessweek's reports in its Feb. 13 issue. Greg Farrell discusses the dinner on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

Bloomberg | February 10, 2012

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