I haven't seen anyone start a thread on this, so please delete if it's already been brought up. But Rupert Murdoch's print and media empire in England is in a massive tailspin since last Thursday.
http://www.theglobeandmail.com/globe...rticle2092007/
The gist of the story is that late last week the Guardian revealed that The News of The World, England's most read daily 'tabloid' newspaper, was caught hacking into the phone messages of a dead girl's family. They deleted phone messages from the police to give hope to the family and also to steal information for their headlines. They've also been accused of hacking into the phones and emails of the families of dead soldiers, paying off members of the London metropolitan police and the security team that follows the Monarchy and Prime Minister.
The speed of the fallout has been incredible. Including shutting down the News of The World on Sunday (after a 128 year run or something like that). Murdoch's bid to purchase a major share in BSKYB, a large satellite company in England, is all but squashed and it looks like there is going to be a massive fallout for the new Tory coalition government.
Here are some articles:
http://www.bbc.co.uk/news/uk-politics-14119225
http://www.theglobeandmail.com/news/...rticle2093936/
While the fallout has just begun on Murdoch's empire in Britain, the allegations could have legal ramifications in the US.
http://www.theglobeandmail.com/news/...rticle2093895/
Anyways, it is fascinating stuff.
I doubt it will make major waves over in North America, but it would be interesting if it affected the Fox News here in the US. I doubt it will, but you never know.
Wondering what others think will happen.