Rupert Murdoch: I panicked when I closed tabloid

Rupert Murdoch, centre, attempts to speak to the media after he held a meeting with the parents and sister of murdered school girl Milly Dowler in London, Friday, July 15, 2011. (AP Photo/Kirsty Wigglesworth)
April 26, 2012 6:20:49 AM PDT
News Corp. chief Rupert Murdoch said Thursday that he panicked when he closed the News of the World tabloid last year, one of a series of revealing exchanges made at an inquiry into British media ethics.

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