Leveson Inquiry: The Last Word?

"I do think that statutory regulation is not required. Most of the heinous crimes that came up and have made such a splash in front of this inquiry have already been illegal.
"Contempt of court is illegal, phone-tapping is illegal, policemen taking money is illegal. All of these things don't need a code, we already have laws for them.
"The fact that these laws were not rigorously enforced is again due to the failure of the police, the interaction of the police and News International - and let's be honest about this, the fact that our politicians have been very, very involved in ways that I think are not sensible with senior News International people."

Ian Hislop addressing the Leveson Inquiry earlier.

There is a terrible irony in how the inquiry has revealed much dirt about how newspapers operate, but does anything else really need to be said beyond this?

PS But if you want more, the full transcript of Hislop's appearance is here.