The latest in the Rupert Murdoch/News of The World/News Corp/News International Phone hacking scandal finds the much-awaited release of the findings of the Leveson Inquiry damning of Rupert Murdoch and the Editors in charge at News Of The World.

In short, the Members Of Parliament found Rupert Murdoch had a curious habit of "looking the other way" with regards to the Phone Hacking Scandal. And as a result, was deemed by the panel to be "unfit to run an International Business".

Although the panel was split along Partisan lines - with four of the Conservative Members of Parliament voting not to include the "unfit to run a company" disclosure, they were unanimous in their agreement that Murdoch had mislead and deceived the Leveson Inquiry as to the true nature of the scandal.

In the report findings, aired over BBC Radio 4 's program PM, it was considered by some to be not all that earth shattering and that the scandal as a whole had more interest in Westminster than it did on the street.

Whether or not that's true remains to be seen. It's interesting to note that calls on this side of the Atlantic for an FCC inquiry into the operations of Murdoch's Fox News seem to have made more newsworthy headlines in the UK than over here. The move may be regarded as more symbolic than anything else, judging by the somewhat punchless and ineffectual state the FCC is in. However, there is still the ongoing DOJ Investigation of Phone Hacking and Bribery charges involving News Of The World related cases over here.

And all that lurks somewhere in the future.

But for now, Westminster has spoken and Rupert Murdoch's school of Tabloid Journalism received a slap on its faux-incompetent wrist.

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