Thomas Watson, Jr. — American Businessman born on January 14, 1914, died on December 31, 1993

Thomas John Watson Jr. was an American businessman, political figure, and philanthropist. He was the 2nd president of IBM, the 11th national president of the Boy Scouts of America, and the 16th United States Ambassador to the Soviet Union. He received many honors during his lifetime, including being awarded the Presidential Medal of Freedom by Lyndon B. Johnson in 1964. Watson was called "the greatest capitalist in history" and one of "100 most influential people of the 20th century"... (wikipedia)

The future regulatory arrangements for the newspaper industry need to be done in a much calmer deliberative way, in slower time when we've got beyond this media firestorm.
If you over-react to a crisis legislatively it generally ends in disaster.
The web of influence which News Corporation spun in Britain, which effectively bent politicians, police and many others in public life to its will, amounted to a shadow state.
I've got to be careful what I say but Glenn Mulcaire was a blagger and a phone hacker.
The last thing we want is politicians running newspapers, but so too we don't want newspapers running the government.