The transcripts of the official inquiry into the culture, practices and ethics of the press. More…

Not in a way that we would wave it away as an unavoidable fact, most certainly not, but I do think that there is a point where risk management stops and judgment starts and that we understand -- the board understand that the business that we're in does rely on the good and sound judgment of our editors. We're not producing products that, you know, roll off all looking the same off a production line. We literally reinvent our business every day, and that is not without risk and it does rely on an enormous amount of judgment.

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