Murdoch Backs Down from Newspaper Boards
Rupert Murdoch’s resignation from the boards of several News Corp. newspapers may seek to reassure investors that the fallout from a U.K. phone-hacking scandal won’t follow them after the company splits into two units.
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31:53 - Guests include: Jacob Frenkel, JPMorgan Chase International chairman, Alice Rivlin, Brookings Institution senior fellow and Sweden's Finance Minister Magdalena Andersson. (Source: Bloomberg)