Wall Street Journal Publisher, Les Hinton, Resigns

Dow Jones CEO Les Hinton resigned today, making him the second high-ranking casualty in less than 24 hours in a journalistic scandal that has jeopardized Rupert Murdoch's multibillion-dollar empire. Earlier today, Rebekah Brooks, one of Murdoch's closest confidants and chief executive of his British newspapers, resigned her post. She was editor of News of the World when the incidents of phone hacking and bribery allegedly occurred. In Hinton's resignation letter, obtained by the website All...Full Story
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