Unless you've been in a remote hideaway, you're well aware of the fiasco that hit News Corp. this summer, along with its chairman and CEO Rupert Murdoch, his son James, and a host of other current and former executives, mostly located in London.

In what is now called the “News Corp. Hacking Scandal,” British officials have accused News Corp. employees of hacking into phones used by royals, celebrities, and commoners, and for paying police for information for stories. The most serious allegations—and the ones that brought public outrage and a major escalation of the scandal, which has been simmering for years—include ...