News Corp hit with sordid $100 million lawsuit from Judith Regan

Judith Regan, who made a fortune for News Corp (NYSE: NWS) shepherding books from controversial people such as Howard Stern, is stirring up the pot again with an extraordinary lawsuit against the media conglomerate, which dumped her following the bad publicity generated by OJ Simpson's "hypothetical" book "If I Did It," and for making anti-Semitic remarks.

According to the Associated Press, Regan's suit is "saying her former employers tried to destroy her reputation and asked her to lie to federal investigators about Bernard Kerik, the recently indicted former police commissioner with whom she had an affair."

Wait, it gets better. First, she denies making any anti-Semitic remarks. In her lawsuit, Regan argues that the reason for her ouster from Rupert Murdoch's media empire was because of the company's political support for Kerik's one-time political mentor and current GOP presidential candidate Rudolph Giuliani.

"Because of Ms. Regan's affair with Mr. Kerik, court papers say, a senior News Corp executive told her he believed she had information about Mr. Kerik that could hurt Mr. Giuliani's campaign and she should lie to federal investigators," the AP said. News Corp denounced Regan's claims as "preposterous."

Sounds like the makings of a good novel, no?