Family Regrets Selling Wall Street Journal to Murdoch
Bancrofts: If we knew then what we know now ...
By Tim Karan,  Newser Staff
Posted Jul 13, 2011 5:31 PM CDT
Members of the family that sold the Wall Street Journal to Rupert Murdoch now regret the decision.   (AP Photo/Sang Tan)

(Newser) – Members of the family that sold the Wall Street Journal to Rupert Murdoch have a whole new kind of seller's remorse. Some in the Bancroft family tell Pro Publica they never would have agreed to sell the newspaper to Murdoch in 2007 if they knew the scope of News International's phone-hacking scandal.

"If I had known what I know now, I would have pushed harder against [Murdoch's bid]," says Christopher Bancroft. The allegations "would have been more problematic for me. I probably would have held out." Another family member makes it a little more personal. Murdoch "thinks he is completely above the law as he always has," he says. "We did a deal with the devil." Click for the full story, or here to read about how the scandal has scuttled another planned Murdoch deal.