More than 40 years ago, Simon and Garfunkle sang their famous lament, “Where have you gone, Joe Dimaggio?” Judging by recent news reports, maybe today’s question should be, “Where have you gone, Harry Truman?” Truman’s “the buck stops here” perspective on executive accountability seems to be sadly missing from the current age.
Did He Really Just Say That?
For the past few weeks, the”phone hacking” scandal centering around News Corporation executives has been plastered across front pages around the world. I have to admit that I hadn’t been paying too much attention to the details until News Corp‘s CEO, Rupert Murdoch appeared before parliament in London the other day. Acknowledging that he was “shocked, appalled, and ashamed” by the tumult engulfing his global media empire and which casts a pall over Scotland Yard, among other institutions, a chastened Murdoch said, “This is the most humble day of my life.”
Fair enough. If he had stopped there, it would have been Continue reading