i think joel klein and other very savvy people of the news corp are doing everything possible to make sure that the foreign, corrupt practices act doesn't kick in here. you are right, 60 percent of news corp's revenues and profits are earned in the united states, eight percent in the uk. so -- but this is not just a little local difficulty. this goes to the reputation of the news corporation, and it goes to the attitude of the shareholders, he holds 40 percent, he and his family own 40 percent of news corp, but that least 60 percent in the hands of others. i think there are very large questions that hang over the larger enterprise here. >> rose: so what do you think it is? >> one of the things that trig third whole situation, the scrutiny being renewed on phone hacking which is a five-year old story when it broke back into the public in the middle of last year, was the fact that news corporation flu rupert murdoch and particularly james murdoch, his son was trying to get full control of sky, the satellite broadcast, that they set up and partially own in the uk. that was -- that would

i think joel klein and other very savvy people of the news corp are doing everything possible to make sure that the foreign, corrupt practices act doesn't kick in here. you are right, 60 percent of news corp's revenues and profits are earned in the united states eight percent in the uk. so -- but this is not just a little local difficulty. this goes to the reputation of the news corporation, and it goes to the attitude of the shareholders, he holds 40 percent, he and his family own 40 percent of news corp, but that least 60 percent in the hands of others. i think there are very large questions that hang over the larger enterprise here. >> rose: so what do you think it is? >> one of the things that trig third whole situation, the scrutiny being renewed on phone hacking which is a five-year old story when it broke back into the public in the middle of last year, was the fact that news corporation flu rupert murdoch and particularly james murdoch, his son was trying to get full control of sky the satellite broadcast, that they set up and partially own in the uk. that was -- that would ha

i think joel klein and other very savvy people of the news corp are doing everything possible to make sure that the foreign, corrupt practices act doesn't kick in here. you are right, 60 percent of news corp's revenues and profits are earned in the united states, eight percent in the uk. so -- but this is not just a little local difficulty. this goes to the reputation the newsorporation, and gso the attitude of the shareholders, he holds 40 percent, he and his family own 40 percent of news corp, but that least 60 percent in the hands of others. i think there are very large questions that hang over the larger enterprise here. >> rose: so what do you think it is? >> one of the things that trig third whole situation, the scrutiny being renewed on phone hacking which is a five-year old story when it broke back into the public in the middle of last year, was the fact that news corporation flu rupert murdoch and particularly james mdoch, hison was trying to get full contl ofky, the satellite broadcast, that they set up and partially own in the uk. that was -- that would have been world abou

joel klein was with me, and he came over because he was to do a conference with mr. gove on education. that was -- he was invited when he was -- long before joining me, when he was a chancellor of the new york city school system. and there might have been another one. i mean i like to get a few people around me have different interests and different -- different fields not just politicians. but on education, i want to say very clearly if i can take this opportunity, i -- we are passionate about it. we believe that it's an absolute disgrace, the standard of public education here and in america. in america, nearly 30% of children do not get through high school. the dropout three years early and are committed to the underclass forever. and there are being efforts in different states to try and tackle this, but it's very difficult. not for lack of money, but for lack of teacher cooperation, and we believe that there are a lot of issues here, the sort of society at the way it's going and our civilization is going, but from being in the first, i think, two or three or four