May 1st, 2012
04:14 PM GMT
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Editor's note: Louise Cooper has twenty years experience in finance and business, starting her career at Goldman Sachs as a stock broker. She is currently at BGC Partners as a markets analyst.

London (CNN) – Eighty five pages of damning criticism of the Murdochs from the parliamentary committee investigating phone hacking at their newspaper empire were released Tuesday.

The organization's wish to "buy silence,” a “wilful ignorance” and “cover-up”: With such language the report found Rupert Murdoch "not a fit" person to lead a major international company.  Murdoch, of course, part owns BSkyB.

Rupert Murdoch: The last press baron

This is not yet the view of the British media regulator Ofcom which said it was still "assessing evidence" on the matter. But in the meantime, where does this leave News Corporation's 39% ownership of BSkyB?

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