Mirror, Mirror on the Fall

 

As speculation matures into full-blown witness statements and accusations, Trinity Mirror has launched an investigation into phone-hacking across its titles. Until now there have been only present denials of such actions.

One shareholder told the FT they expected “nothing less” than an investigation, but it hasn’t come in time to stop the company’s share price going into free fall, with a 9.8% plummet since Guido, swiftly followed by the BBC, and grudgingly some other papers, began lifting the lid.

He’s not sure a mere review is going to do much to reassure investors…

http://feedproxy.google.com/~r/guidofawkes/~3/rjoDD2WOsTQ/