Point is Bamjax - he is the business secretary.He should judge each business proposal of this type on its own merit, objectively and without prejudice, purely from a business viewpoint. He didnt and he got carried away by his own ego, by boasting about it in front of 2 pretty young girls. The Telegraph must have at least suspected that they would be the type who could loosen his tongue. Theres no fool like an old fool.
If the influence of Murdochs empire is to be looked at by the govt. it may be more within the remit of the culture secretary, who would then report to the whole cabinet and the PM.
He went way beyond, his powers in not only starting a secret one man war against Murdoch, but was then stupid enough to boast about it when he had a honey trap sprung on him.;
Its not about wether Murdoch is good or bad/ right or wrong, its about the fact that by any reasonable measure - Cable and his huge ego and poor judgement are not fit for high office.
I think Murdoch needs to be curtailed, but that doesnt excuse this egomaniac thinking that as soon as he gets a sniff of power he can take it upon himself to be judge, jury and executioner, with no due process.
He boasted to the 2 girls that he was having a war with Murdoch and was going to win. It looks like he was more wrong than he could possibly imagined.