Eavesdropping In: Pres. Obama Moves Towards Deficit-Reduction Deal, Ex-Execs Contradict Murdoch

by Christina Makoyawo · July 22, 2011

    President Obama and House Speaker John Boehner continue towards a deficit-reduction deal that could cut as much as $3 trillion in spending. [WSJ]

    Things are not looking up for Rupert Murdoch as the News Corp scandal crosses the Atlantic. The U.S. Justice Department is putting together subpoenas as part of its probe into allegations of criminal misconduct by News Corp. [HuffPost]

    While James Murdoch stands by his testimony, two former News International executives completely contradict it. Claiming that "contrary to what the younger Murdoch testified, they “did inform” him of an email that pointed to the wider extent of phone hacking." [Newser]

    With the $76.2 billion in cash and securities that Apple has the mega-corporation is looking to make a bid for the Hulu online video service. [Bloomberg]

    Arnold Schwarzenegger doesn't want to pay spousal support or cover all attorney fees for Maria Shriver as their 25-year marriage comes to an end. Ouch! [LA Times]

    Dr. Marcus Bachman's clinic gets completely glitterbomb'd! Dr. Bachmann once likened the gays to "barbarians," today's gay mob decided to dress in gay barbarian costumes for an unsolicited visit to Bachmann & Associates. [Gawker]