07/18/2011 08:29 am ET Updated Sep 17, 2011

Rupert Murdoch Peer: 'He's Dead Money'

Now more engulfed than ever in a virulent phone-hacking scandal, it appears that Rupert Murdoch's days amid the upper echelons of media moguldom are numbered.

With resignations and arrests occurring daily among News Corp.'s top newspaper executives and former editors, even some in Murdoch's elite circle of fellow multi-billionaires have deemed him kaput.

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