Wow. As a result of the phone-hacking scandal about which I wrote yesterday, Rupert Murdoch's News of the World will close its doors, effective Sunday.
I wish I could feel good about that, but I'm guessing Murdoch will just launch a new brand in its place, guessing (probably quite rightly) that shutting down NotW will feel to most people like sufficient justice for its profound ethical lapses.
I'm also not sure what shutting down the paper means in terms of possible settlements, although I imagine News International might have to absorb that liability. Perhaps someone with more knowledge of British law can address that in comments.
In any case, the unprincipled and possibly criminal actions of the NotW editors who oversaw the phone-hacking now have a lot more victims: Every employee of the paper will now be unemployed, care of their fuckery.