Murdoch scandal follows classic media baron script
Sunday, May 6, 2012 - 13:30
in Mathematics & Economics
(AP) -- If the phone hacking scandal gripping Rupert Murdoch's News Corp. empire has a familiar ring, it might be because you've heard the story before. Scrappy outsider turns modest newspaper business into international media conglomerate. Ambition turns to hubris. Mogul dramatically falls from grace.