James Murdoch apologises. He’s not addressing the committee, he’s addressing the shareholders.
“This is the most humble day of my life” – Rupert Murdoch. Yes, but what’s the scale?
By saying he cannot say who was involved in the phone hacking because of ongoing investigations, James Murdoch seems to implicate Rebekah Brooks.
Monosyllabic answers from Murdoch Senior. He denies knowing who lied to him. This may still be true if no one lied to him. But he is denying any knowledge of anything awkward in his UK operation – indeed, virtually any knowledge of how News International was run. Either you don’t believe that – and it is hard to believe – or you have to accept that the guy in charge is no longer really in control.
I can actually hear News Corporation’s share price falling.