Media mogul Rupert Murdoch and his son, presumptive heir James Murdoch, are answering questions before a parliamentary committee right now. You can watch it live at the BBC's website. The most interesting moments so far have been Murdoch Senior's grilling by Tom Watson; among other things, Murdoch claims to be completely ignorant of operations at the News of the World, including legal settlements, the alleged misconduct of executives there, and even the name of a chief reporter there who was convicted of blackmail.
