The board of News Corporation needs to act. And if it doesn't, shareholders might.
Really? He's in charge?!? That was a common response for many who watched Rupert Murdoch bumble through today's U.K. Parliamentary hearings. (OK, to be fair, they also talked about the humble pie to the face.) The 80 year-old media mogul took long pauses, spoke out at odd moments, gesticulated wildly, and forgot a lot of details.