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News International were already heavily in debt ( saw an interview with Murdoch on Bloomberg )before this crisis.
Could we see them selling off assets soon at knockdown prices to keep their business going.
I remember MAXWELL going the same way.
KARMA does seem to come into play eventually - and Murdoch and his ilk certainly may start reaping some of the misery that they have sown during the last 20 years around the World.
If I was an investor in News International I would be a very worried person because we could see some big names crash in all of this. The banks WILL pull the plug when they are stabilised - they are just waiting to claw back what they can from a position of strength.
They will then blame the recession on US for spending above our means.
The way the World economy is set up now is shocking.