Let's hope that Trinity Mirror's hack-finder general, Paul Vickers, does his job more thoroughly than his counterparts did at News International.
His review of the editorial controls and procedures at the Daily and Sunday Mirror and The People is crucial to the company's very existence.
TM's stock has been fragile for a couple of years and it could not withstand the kind of pressure exerted on News Int. An advertiser boycott would bring TM to its knees.
As I write, TM's share price stands at 42.5p, which is low but not quite its lowest in the course of the last 52 weeks.
http://www.guardian.co.uk/media/greenslade/2011/jul/26/trinity-mirror-phone-hackingCame across this quite by accident last week :
When the Daily Mirror wanted the private mortgage details of all the governors of the Bank of England, Rees delivered. When the Sunday Mirror wanted to get inside the bank accounts off Prince Edward and the Countess of Wessex, it was equally easy, as the bug recorded:
http://www.nickdavies.net/2011/03/16/jonathan-rees-empire-of-corruption/