Heads Roll over News Corp Scandal
LEMON: Let's check your headlines right now. A violent new attack today against the government of Afghanistan; a former provincial governor named Jan Mohammed Khan was killed in his home by three attackers. He was a key advisor to President Hamid Karzai. A member of parliament also died in the attack. The Taliban are claiming responsibility. Less than a week ago President Karzai's half-brother who was also a government official was assassinated. The good news keeps coming out of Los Angeles. Interstate 405 opened up at noon, 17 hours ahead of schedule; this after the dreaded "Carmageddon" did not happen. That's what people were calling the expected gridlock after ten miles of Interstate 405 was shut down for repair. But drivers listened and the mayor is hoping for the same result when another shutdown is planned in 11 months. The "don't ask, don't tell" policy may still be back on the books after a recent court ruling but that's not keeping gay military members from showing their pride. For the first time, an organized group representing all the services walked in a gay pride parade in San Diego. They were not in uniform but wore t-shirts showing their military branch. About 200 active duty troops and veterans joined in.</s>WHOOPI GOLDBERG, ACTRESS AND TALK SHOW HOST: Happy birthday. There's nothing more to say. In case I put on a little weight, Mande (ph) and you don't recognize me it's Whoopi.</s>LEMON: Talk show host and Oscar winner Whoopi Goldberg is among the many celebrities wishing Nelson Mandela a happy birthday. One of the world's best known freedom fighters turns 93 on Monday. To honor its first black president South Africa is calling July 18th International Mandela Day. South Africans are asked to volunteer 67 minutes to service representing each year Mandela fought against segregationist policies of apartheid. I want you to watch this now.</s>UNIDENTIFIED MALE: Is that any idea how to run a newspaper?</s>UNIDENTIFIED MALE: I don't know how to run a newspaper. I just try everything I can think of.</s>LEMON: Orson Wells in a scene from his 1941 masterpiece "Citizen Kane." Well, it's hard to avoid parallels between Wells' character, Charles Foster Kane and another real life modern day mogul, Rupert Murdoch, both men brilliant, tenacious, commanders of powerful media empires. From there the comparisons become less kind. Murdoch is arguably the last of the media barons a list that extends back in time to include men like William Randolph Hearst, the basis for the character Charles Foster Kane. He took "Citizen Kane" very personally, leading a campaign direct the movie at the box office. He even made an offer to the studio to destroy all prints of it and burn the negatives. But it backfired. "Citizen Kane" became a classic and a dubious and lasting part of his legacy. But what about Murdoch's legacy? Is he about to have his own rose bud moment? Let's add media critic and blogger for buzzmachine.com, Jeff Jarvis. He joins us via Skype. So Jeff, thank you so much. Is this the beginning of the end for Murdoch's News Corp? Is this about to be his rose bud moment?</s>JEFF JARVIS, BLOGGER, BUZZMACHINE.COM: I think it could be. I think that this becomes a legal story, a moral story that could become a financial story. The fact that in four days last week News Corp lost between five and seven billion dollars of market cap, means that I think that the Murdochs are not going to be in charge of this company much longer and professional management will look at this and say that newspapers are in many ways now a burden and I think they will try to get rid of these news properties.</s>LEMON: Here's my question. Is there someone waiting in the wings to succeed Murdoch, succeed him after he leaves because you said you think this is the end of the Murdochs heading the company. But who is waiting in the wings?</s>JARVIS: Well, I don't know who is waiting in the wings to run the company. News Corp is let's be honest, primarily an entertainment company. And no one expects that entertainment executives are anything other than rapacious. But in the news business they really can't stand the Murdoch name and the pressure that's on them. so the problem is how do they sell newspapers</s>LEMON: Interesting. Who is the next to fall in the scandal?</s>JARVIS: Well, the sewage waters are lapping at the Guccis of James Murdoch right now. Now that Rebekah Brooks and Les Hinton, his trusted allies are gone. James Murdoch here, Rupert's son I think</s>UK. LEMON: Does this change anything? You said something about a leveraged buyout possibly of Fox News, talking about our competitor here. You think this is going change the way that news is done or that they handle news if what you say, indeed, comes to fruition.</s>JARVIS: Well, I can't imagine News Corp itself can afford to be in the news business anymore or can afford the Murdochs anymore. The next questions that come here are - in the UK I think we'll see a lot of efforts to regulate the news more and in the U.S. a lot of questions about gross holdings of a lot of media. And I think it would be a shame to see more regulation come in here as Alan Rusbridge, the editor of "The Guardian" said and they dogged this story better than anyone. Last week was the worst of journalism in the form of Murdoch but also the best of journalism in the fact that "The Guardian" really brought this to fore and brought down Murdoch.</s>LEMON: Yes. I got to take a second here and I just have a very short time Jeff. You can tell us what's going to happen on Tuesday when he speaks and his son, James, speaks in front of parliament when they testify and do you think Rebekah is going to be there as well.</s>JARVIS: Well, Brooks might be there but he might take the British equivalent of the fifth because she's now under arrest but the Murdochs will find themselves very hot under the collar with a lot of very tough questioning and they should well expect that to be happening.</s>LEMON: OK. Great. Thank you very much. Listen we have a bit of developing news here. We're hearing that now Rebekah Brooks now has been released. She has bailed out. Just getting the information now. Reuters is reporting it. But also we're hearing that the 43-year-old woman - police are confirming to us that a 43-year-old woman who the Metropolitan Police are not naming have been released on bail to return at a date in October. But again, Reuters is reporting that it is Rebekah Brooks. That she was arrested and has been released. We'll continue to follow this developing story and again my thanks to Jeff Jarvis. An exciting final match at the women's World Cup soccer tournament. It was the U.S. versus Japan and we'll tell you who came out on top. But first I want to tell you about this. You know, the Census Bureau, according to the Census Bureau, more than 10 million Americans are self-employed. Some even become business owners before graduating high school. CNN education contributor Steve Perry introduces to us a couple in tonight's "Perry's Principles."</s>STEVE PERRY, CNN EDUCATION CONTRIBUTOR (voice-over): Nia Froome is not your typical 18-year-old. She has met the president. Rang the opening bell at the New York Stock Exchange and started her own business, Mama Mia's Vegan Bakery. Her cookies were even served at the an event at the famed Waldorf-Astoria Hotel in New York. (on camera): You started a vegan cookie business in high school.</s>NIA FROOME, NFTE ALUMNA: Yes. The summer after 10th grade. My parents became vegan after my mom contracted breast cancer 11 years ago.</s>PERRY: As a 15 year old, what do you know about business?</s>FROOME: Just what I had learned in that month at</s>NFTE. PERRY (voice-over): NFTE stands for Network for Teaching Entrepreneurship. It's a non-profit inspiring low-income students to stay in school by tapping into the interest to create businesses. At NFTE's national competition last fall, Froome's bakery won the $10,000 grand prize. Businessman turned teacher Steve Mariotti founded NFTE in 1987. He was inspired after being mugged by some kids in New York City.</s>STEVE MARIOTTI, FOUNDER, NFTE: If you can start teaching young people particularly those in poverty about basic income statements, record keeping, how to do a sales call, how to save your money, I think that will have a dramatic impact on any property.</s>BARBARA CAMPBELL, NFTE ALUMNAE: This is my logo.</s>PERRY: Barbara Campbell is a long term proof of NFTE's success. She grew up in a rough New York neighborhood and started designing handbags at 16. Today her business includes belts, jewelry, purses but the slow economy has been tough on her.</s>CAMPBELL: It affected the stores I was in. It affected my vendors. Once again being part of this great program, NFTE, teaching me how to write a business plan I was able to go back and really strategize a new approach.</s>PERRY: Steve Perry, New York.