Friday, July 8, 2011

Phone Scandal Poses Defining Test for a Murdoch Son - NYTimes.com

Phone Scandal Poses Defining Test for a Murdoch Son - NYTimes.com

Now James Murdoch faces a new test as he jockeys to one day run his father’s company and salvage the biggest deal in the Murdochs’ history, a $12 billion takeover of British Sky Broadcasting, or BSkyB. With the scandal mushrooming as two former employees were arrested and new charges surfaced that executives had tried to obstruct investigations, he could emerge as the company’s decisive new leader, or as the tainted son who mismanaged one of the greatest crises the family business has faced.

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