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Detailed text transcripts for TV channel - MSNBC - 20110719:15:36:00

Upstream, certain things have to be brought to the attention. from a financial threshold point of vooriew, i think we addresse that earlier with respect to the out of court settlement with mr. taylor. but also from the standpoint of things like alleged criminality, violations of our code of conduct, those are things that are the company s internal audit function as well as the audit committee as well as the senior executives of the committee are expected to be made aware of. as they were in the case of the criminal prosecutions in 2007. you know, whatever whatever efforts were made and whatever rules there were, you know, we ve reached news international has reached a crisis point otherwise you wouldn t be here and news of the world wouldn t be closed. who really is spom? responsible? ....

Gordon Taylor , Court Settlement , The Company , Audit Committee , Audit Function , Code Of Conduct , News Of The World , News International , Wouldn T , Crisis Point , Wouldnt Be Closed ,

Detailed text transcripts for TV channel - FOXNEWS - 20110719:15:36:00

Something has to be brought to the attention. from a financial threshold point of view i think we addressed that earlier with respect to the settlent, out-of-court settlement with mr. taylor. but also from the standpoint of things like alleged criminality, violations of our own code of conduct, things like that, those are things that are the company s internal audit function as well as the audit committee, as well as the senior executives of the committee are expected to be made aware of, as they were in the case of criminal prosecutions in 2007. you know, whatever efforts were made, whatever rulings there were, we reached news international reached a crisis otherwise you won t be here today and news of the world wouldn t have been closed. who do you hold responsible for that failure? you re saying that people should have told you, but you didn t ....

Gordon Taylor , Point Of View , Uk The Company , Audit Committee , Code Of Conduct , Audit Function , News International , News Of The World , Wouldn T ,

Detailed text transcripts for TV channel - MSNBC - 20110719:15:36:00

Either to the chief executive of a different company or an editor or managing editor or editorial floor and decision-making has to be there. there are thresholds of materiality, if you will, whereby things have to move upstream, certain things have to be brought to the attention. from a financial threshold point of vooriew, i think we addresse that earlier with respect to the out of court settlement with mr. taylor. but also from the standpoint of things like alleged criminality, violations of our code of conduct, those are things that are the company s internal audit function as well as the audit committee as well as the senior executives of the committee are expected to be made aware of. as they were in the case of the criminal prosecutions in 2007. you know, whatever whatever efforts were made and whatever rules there were, you ....

The Company , Chief Executive , Managing Editor , Decision Making , Gordon Taylor , Court Settlement , Audit Committee , Audit Function , Code Of Conduct ,