What Goes Around Department:
LONDON -- Rupert Murdoch is "not a fit person" to exercise stewardship of a major international company, a committee of British pols have concluded.
The politicians' report is highly critical of the tycoon and his son's role in the News of the World phone-hacking affair.
The culture, media and sport select committee said that James Murdoch, until recently executive chairman and chairman of News International and BSkyB, showed wilful ignorance of the extent of phone hacking during 2009 and 2010.