If Mr. Murdoch is true to his word to "put it right"and to "be transparent" News Corp. officials will not wait for government investigators to ask for documents.
While reputation is not a physical asset, directors are accountable for the proper oversight of all corporate assets.
As a starting place, I place side by side the two extremes of Murdoch's exaggerated influence on our lives, our politics and our self-awareness.
The scandal facing the Murdoch empire that has dominated media news has certainly been riveting. But has it taught us anything we didn't already know? Well, yes and no.
The idea that Murdoch would have so little knowledge of the problems facing News of World is preposterous on its face given facts readily available to anyone with access to Google.
The Murdochs were indeed grief-stricken about something -- they were caught. Were their expressions of grief and disgust about hacking, and their sympathies for the targets, credible?
The latest news about Rupert Murdoch's News Corp. in not only a reminder of the importance of maintaining strong anti-bribery legislation, but also casts serious doubts on the efforts of some in Washington to weaken those laws.
Government oversight cannot happen when government leaders are working night and day to impress a cable news producer who may as well be a reality TV producer restless for drama.
When Scotland Yard's leadership and even Downing Street appear compromised by an evil corporate culture like News Corp's, there are serious implications for society's ability to trust anyone.
If you're number 117 on the list of the wealthiest people on the planet, it's gotta be somewhat easycakes to pay off the peeps you piss off, right? But yesterday, Rupee didn't know anything about paying off those who had been hacked.
The truth is often stranger than fiction, stranger than plays, stranger, even, than the "nonsense" that the Mayor of London initially said this all was. And it is journalism that uncovered this truth. And that's now, more than ever, under threat.
Much of the media has fallen down on its responsibilities -- not by tapping the phones of celebrities, politicians and victims of crimes and terrorist attacks -- but by failing to insure the public is truly informed about the most pressing issues of the day.
It's worth noting that the media organization at the center of the phone hacking scandal unfolding in the UK isn't some new media upstart or unsupervised blogger of the sort the traditional media are always wringing their hands over.
Murdoch Scandal. How obscenely pleasurable it is to type those two words back to back. Not since Watergate has a man so satisfyingly been shoved face to face with his self-created destiny.
I was out of town for the past three weeks, and so a few stories slipped through the cracks. I thought it would be best to catch up with just a quick wrap-up.