9 Infamous Corporate Apologies

Can an apology from Rupert Murdoch himself stop the phone-hacking scandal? The News Corp. chairman and CEO met with the family of Milly Dowler on Friday and released a statement apologizing for the company’s actions. Murdoch’s official apology is News Corp.’s latest attempt to make good since news broke that News of the World reporters hacked hundreds of voicemails. Murdoch has shut down the 168-year-old tabloid, withdrawn his bid for the broadcaster BSkyB, and accepted the resignations of Rebekah Brooks and Dow Jones chief Les Hinton. But it’s too soon to tell whether this will be enough to save Murdoch and News Corp.—the FBI is said to be investigating, and Murdoch, his son James, and Brooks are all set to testify under oath before Parliament next week.