Ex-employees are tweeting their disgust like mad, and it’s a joke all over the Internet. Says one wag:

Greater love than this no man hath, that he lay down his paper for his woman

Rival papers are having a field day. Even Murdoch’s Times of London is getting in on it.

I said a long time ago that News Corp. was no home for The Wall Street Journal, the word’s leading watchdog of markets, the economy, and corporate behavior.

But for now, remember the lesson of NotW: accountability stops at the newsroom door.

Dean Starkman Dean Starkman runs The Audit, CJR's business section, and is the author of The Watchdog That Didn't Bark: The Financial Crisis and the Disappearance of Investigative Journalism (Columbia University Press, January 2014).

Follow Dean on Twitter: @deanstarkman.