As News Corp. executives Rupert and James Murdoch gave testimony to members of a parliamentary panel in London on Tuesday, they were also speaking to a different audience: The people who own their company's shares and sit on its board.
From the opening moments, Rupert Murdoch made clear even in crisis that News Corp., while a publicly traded company, is very much propelled by the vision of one man. He interrupted his son James to make the point.
"I'd just like to say one sentence: This is the most humble day in my life," he said.