7.15.2011

It's just sort of sweet, isn't it...

Dow Jones CEO Les Hinton resigns - CBS News

(CBS/AP) 

NEW YORK - Les Hinton, the chief executive of Dow Jones & Co., has resigned, becoming the latest News Corp. executive casualty in the phone-hacking and bribery scandal in Britain.

Hinton served as executive chairman of the British unit that oversaw News Corp.'s U.K. tabloid newspapers at the heart of the scandal for 12 years....

Hinton said in a statement that he was "ignorant of what apparently happened" but felt it was proper to resign.

...how these titans of industry—or in this case, the press—never seem, when the heat is on, to know any itty bitty thing about what goes on in their companies.

You just wonder what they get paid for, don't you?

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