you said that your friend of 52 years, i think, les hinton has stepped down and has resigned because he was in charge of the company at the time. in other words, he said he was the captain of the ship and therefore he resigned. is it not the case, sir, though that you in fact are the captain of the ship? you are the chief executive officer of news corp., the global corporation. >> yes. i ran a much bigger ship. >> it is a much bigger ship. you are in charge of it. as you said in earlier questions you do not regard yourself as a hands-off chief executive. you work ten to 12 hours a day. this terrible thing happened on your watch. mr. murdoch have you considered resigning? >> no. >> why not? >> because i feel that people i trusted, i'm not saying who, i don't know to what level have let me down, and i think they behaved disgrace flee and betrayed the company and me, and it's for them to pay. i think that frankly i'm the