The wave of incriminating headlines and the surging stock price reflect the cognitive dissonance generated by News Corporation’s phone hacking scandal. Even while Rupert Murdoch, the company’s chairman and chief executive, has doubled down on one of the newspapers at the center of the worsening scandal, creating a new Sunday edition of The Sun, investors have been cheering the possibility that the negative news in Britain could prompt the company to spin off its newspapers."
'via Blog this'
Rupert's troubles are not over
He is not out of the soup
