Roger AilesLast week it was revealed that legendary FOX News boss Roger Ailes allegedly told underling Judith Regan to lie to federal investigators to protect Rudy Giuliani.

Regan reportedly has a tape of the telephone call in which Ailes urged her to do this.

If this story is true, and the telephone call is clear, Ailes would obviously be exposed to obstruction-of-justice charges.

And now the scuttlebutt is that Ailes will in fact be indicted.

Here's financial commentator Barry Ritholtz:

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.”

If the scuttlebutt is true, THIS will be the trial of the century.