The Leveson Inquiry: Press Failed to Meet Standards for Responsibility

It was the scandal that brought down media baron Rupert Murdoch's former tabloid publication News of the World — the phone hacking of British celebrities, politicians, athletes and crime victims. The scandal compelled the British government to call for a closer look at the standards that guide the country's media. Thursday Lord Justice Sir Brian Leveson unveiled The Leveson Inquiry, a report that revealed the findings of that closer look. In an address in London, Lord Justice Leveson had harsh words for the press and said they have failed to meet their own standards for responsibility. And he recommended the British press be regulated by an independent group supported by law and with the power to fine. Anchor Lisa Mullins speaks with Sarah Lyall, a London-based reporter for New York Times.