Ted Turner on Murdoch, News Corp., Obama Tax Plan

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Sept. 20 (Bloomberg) -- Billionaire Ted Turner, chairman of Turner Enterprises Inc., talks about President Barack Obama's deficit-reduction plan and the future of News Corp. Chairman and Chief Executive Officer Rupert Murdoch. Turner, speaking with Betty Liu on Bloomberg Television's "In the Loop," said Murdoch will probably have to leave the helm of his media company after a phone-hacking scandal that began at one of its newspapers. (Source: Bloomberg)

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