Everyone is worried about Greece's debt crisis spreading, but many would welcome the spreading of Murdoch's British crisis. It's getting huge:

Rupert Murdoch's News Corporation has dropped its bid to take full ownership of BSkyB, the company has said.

The announcement came while the UK parliament was in a meeting preparing to vote for a motion that would call on Murdoch to withdraw the bid.

All three major British party leaders had said they would support the motion.

"We believed that the proposed acquisition of BSkyB by News Corporation would benefit both companies, but it has become clear that it is too difficult to progress in this climate," said Chase Carey, News Corporation chairman, in a statement.

You know exactly what I'm thinking: If only this crisis could spread to Fox News.