The British newspapers are all a-flutter today, because of reports that the US "secret services" were listening in on Princess Diana's telephone conversations. According to the British newspaper, the Evening Standard (via Drudge), the Americans were most interested in H.R.H's conversations with US "tycoon" Theodore "Teddy" Forstmann.
Lots of tabloid value here, and fuel for various conspiracy theories, but I don't find it particularly amazing: US intelligence taps lots of foreign telephone conversations.
I wonder if the Princess was the primary target, or whether Mr. Forstmann was perhaps of more interest ? Probably the legwork for the tapping was done by the NSA, maybe via satellite, but which US agency was interested ?
UPDATE: See Former Spook's discussion over at In From the Cold. Very well done.