Remember when Bush senior was caught on a radio talk show asking about “our man Ailes” before he realized he was live on air? Ailes, head of Fox News has been caught on tape telling Judith Regan to lie to federal investigators to protect his buddy, Rudy Giuliani. David Corn explains

If a television anchor were caught — on tape! — encouraging a colleague to lie to federal investigators in order to protect a high-profile friend, do you think he or she would still have a job? Probably not. But if you run a network and if it’s Fox, well, then . . .

On Thursday, The New York Times broke one of those deliciously dishy New York political-media exposés involving bold-face names. According to legal papers filed in a civil suit, in 2004 Roger Ailes, the pugilistic head of Fox News, encouraged Judith Regan, a flashy publisher, to lie to federal investigators about an affair she had had with Bernard Kerik, the former NYC police chief nominated by George W. Bush to be the secretary of homeland security. Ailes’ motive: to protect Rudolph Giuliani, a close pal of Ailes’ and a mentor and supporter of Kerik. Giuliani was at that time looking toward a presidential run in 2008, and any scandal involving Kerik, his close associate, would be bad news for him.

In 2006, after she was fired by Rupert Murdoch’s News Corp., which owns Fox News, Regan (who had proposed publishing O.J. Simpson’s hypothetical confession of the murder of his ex-wife) publicly claimed that a senior exec at News Corp. had asked her to lie about her affair with Kerik, who was married. (Reportedly, Kerik and Regan used an apartment near Ground Zero — which had been donated for recovery and rescue workers — as their love nest.) But Regan did not ID the News Corp. honcho who had encouraged her to hush up. In a lawsuit filed against News Corp. in 2007, Regan said this executive had told her that if she disclosed information about her tryst with Kerik, it “would harm Giuliani’s presidential campaign.”

Now it appears things might get dicey for Ailes and financial commentator, Barry Ritholtz, breaks the news of an impending indictment.

Here’s what I learned recently: Someone I spoke with claimed that Ailes was scheduled to speak at their event in March, but canceled. It appears that Roger’s people, ostensibly using a clause in his contract, said he “cannot appear for legal reasons.”

I asked “What, precisely, does that mean?”

The response: “Roger Ailes will be indicted — probably this week, maybe even Monday.”

Presumably, as part of an $11 million settlement with News Corporation, owner of Fox News, Regan has written a letter “..stating that Mr. Ailes did not intend to influence her with respect to a government investigation.” according to a News Corp spokesperson. Regan would only know Ailes intentions if he told her… apparently not on the tape.