The News of the World hacking scandal has progressed with shocking speed in the UK. Yesterday it seemed to reach a fevered climax when Rupert Murdoch withdrew his bid for satellite operator BSkyB after he was ceremoniously denounced by the entire British Parliament in an unprecedented session. It marks an incredible end of an era. Murdoch is effectively being banished from Britain after having held sway over the island's media, government and even police for decades.
Now commentators are speculating that the trouble for Murdoch's media empire News Corp, which also own many papers and Fox News in the US, is spreading across the Atlantic. The shares in News Corp on the New York Stock Exchange came crashing down even before Murdoch's BSkyB bid was withdrawn, and the billionaire himself had to buy up the shares to keep the price from collapsing.
Now there are concerns that the bribery allegations in the UK could get the company into legal trouble in the US, because it is illegal for a company publicly traded in America to pay bribes to foreign officials – which includes police officers. That, combined with new allegations that Murdoch's British papers also hacked into the phones of American 9/11 victims has prompted some Democrats in congress to call for an investigation into the matter. But will the public at large share their outrage?




