Murdoch, News Corp.: Not responsible
Murdoch, News Corp.: Not responsible
News Corp. head honchos Rupert and James Murdoch were summoned to testify before Parliament over phone hacking allegations at the venerable British tabloid, The News of the World.

The paper was abruptly shut down after 168 years of operation over allegations that staffers had tapped into the phone messages of numerous people, from celebrities like Hugh Grant to crime victims like Milly Dowler, a schoolgirl who was murdered.

During testimony, chief executive Rupert embraced the classic corporate philosophy of pass the buck.

Parliament member Jim Sheridan: "Mr. Murdoch, Do you accept that you are ultimately responsible for this whole fiasco?"

Rupert Murdoch: "No."

Sheridan: "You're not responsible? Who is responsible?"

Murdoch: "The people that I trusted to run it and then maybe the people they trusted."

A protestor managed to sneak into the proceedings and slapped Murdoch with a cream pie. Murdoch's wife Wendi slapped him back.

By Aaron Smith @CNNMoney - Last updated December 13 2011: 10:27 AM ET
Join the Conversation
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.