Will Roger Ailes be indicted?

Speculation is rampant that the Fox News chief is about to get the book thrown at him for allegedly telling a former employee to lie to the feds

Fox News chief Fox News chief Roger Ailes may be arrested for urging an employee to lie to federal prosecutors in order to pro Ailes may be charged with urging an employee to lie to federal p
(Image credit: Corbis)

Financial blogger Barry Ritholtz, citing an anonymous source, is reporting a big scoop: Fox News chief "Roger Ailes will be indicted — probably this week, maybe even Monday." The charge? Urging then-News Corp. employee Judith Regan to lie to federal prosecutors about her affair with former New York Police Chief Bernard Kerik, to protect ex-Mayor Rudy Giuliani, a friend of Ailes. The New York Times, which first reported those allegations, but not the pending indictment, says that Regan taped her incriminating conversation with Ailes. Is the Fox News executive going down?

Things don't look good for Ailes: The most damning thing for Ailes is the "very weak" defense of him from Fox News' parent company, says Henry Blodget at Business Insider. They don't even deny that Ailes urged Regan to lie, a potentially serious crime. And if there is in fact a tape of him, it's no wonder News Corp. is "keeping its options open." All that matters now is "what is on the tape and what federal investigators think of what is on the tape."

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