Showing posts with label Conrad Black. Show all posts
Showing posts with label Conrad Black. Show all posts

Wednesday, May 28, 2008

Conrad Black just can't help himself (enough)


Conrad Black really does have some guts. Shadow Foreign Secretary William Hague's buddy has had his legal fees paid by the Chicago Sun-Times newspaper, despite him being in prison for defrauding that company. Someone please explain that.

Black and his three co-convicts have collectively received $70m in legal fees defending themselves from charges of defrauding $6m from the company. I will be watching this carefully as Black's appeal is due to be heard next week (June 5) with a ruling on the Sun-Times' fees to follow later, presumably after they've paid out more for the appeal.

What a wonderful concept. I rob Peter to pay Paul and then get Peter to pay for my trial.

Crime really does come free.

Wednesday, February 27, 2008

Conrad Black's appeal should fail - get the man in jail!



Does anyone remember the Canadian who renounced his nationality to become British and become a British peer? Conrad Black was recommended to become a Lord by then Tory Leader and current Shadow Foreign Secretary, William Hague.

Black was convicted of fraud last summer and has somehow dodged jail. His days of freedom seem numbered now though as his latest appeal against his conviction. The Press Association reports that:

"US prosecutors said an emergency request by lawyers for the 63-year-old former owner of the Daily Telegraph that he should remain free on bail pending the outcome of an appeal should be denied."

Get him behind bars like all other convicts.

Oh, I must thank Hague for giving us this wonderful man.

Wednesday, February 20, 2008

Black Watch

My previous conrad Black post was linked in the comments to a running story at Toronto Life. I like their dedicated Conrad Black section. I wish I'd discovered this before. I wonder if they will visit him in jail, when he finally bothers to turn up?

Tuesday, February 19, 2008

Conrad black still not in jail

I find it unfathomable that convicted fraudster Conrad Black remains a free man, despite being sentenced on 10 December 2007. He is due 'inside' on March 3, almost three months from sentencing and eight months from his July 2007 conviction.

It gets better, now Black is asking for the start of his jail sentence to be delayed while he composes his appeal. What about all the other convicts languishing inside while they appeal their verdicts? I suppose they have never been a lord so it is different for them. Black has put up $21m bail, but still stands guilty so should be inside. I am hopeful after his previous request for a delayed start to his sentence was denied on Janaury 31.

Just as a reminder, this is the man William Hague recommended for a peerage when Tory leader.

Thursday, December 13, 2007

Black trying to pick his prison

I'm still unable to find out why Conrad Black isn't in prison. Someone please explain this to me. Even though he is appealing the judgement, most felons still have to go to jail despite an appeal pending. Right now he is trying to cherry pick the most convenient and lowest security facility for himself. I can't quite believe this, surely he should go where he is told?

Tuesday, December 11, 2007

Black

Conrad Black gets convicted of fraud, but somehow isn't in jail even though he has been sentenced. How has that happened? The judge, St. Eve told Black that the law applied to him "no matter how high your social status, how powerful you are, how wealthy you are, how successful you are, how intelligent you are, what your title is or how you educated you are." I'm quite sure that in the USA most convicted felons are "taken down" on sentencing.

I can't quite understand how Black is still getting away with it.

I'm also shocked though not suprised that high profile Tories like William Hague actually appealed to the judge on Black's behalf for clemency. This must be the same Hague who also recommended the thief for a peerage. Also the same Hague who claimed that Michael Ashcroft would be paying millions in taxes to the Treasury if he was also given a peerage.

Thursday, July 26, 2007

Black still set for life in jail?


According to legal experts quoted his old stable Telegraph, convicted fraudster and former Lord Crossharbour Conrad Black could still be sentenced to over 20 years inside. At least food and shelter is free in jail, as I was saddened to read that he also faces losing his Florida mansion - not that he'll be needing it - after failing to pay the $5m mortgage on it.

Of course it is worth noting that Black was nominated for his peerage by then Tory leafed and now Shadow Foreign Secretary, William Hague.

Tuesday, July 17, 2007

Black versus Maxwell

So today The Guardian's Michael White wrote a thought provoking article touching on some of the same points I raised no Friday following Conrad Black's conviction for fraud. Read it.

Friday, July 13, 2007

Conrad Black guilty of fraud


I was pleased to read that Conrad Black, made Lord Black at the request of WIlliam Hague, has been found guilty of fraud. He is looking at 15-20 years inside for plundering $6m from Hollinger's funds, including the pension fund. Sometimes I feel that the USA for all its unbounded corporatism gets it right where the UK seems toothless. Shame he couldn't quite manage to take the Daily Telegraph down with him...Chicago remains my favourite US city. This case shows that sometimes, if you really are very guilty, it doesn't matter how much you spend on the best lawyers.

You can't polish a turd.

I wonder how William Rees-Mogg of The Times now feels after he wrote of his support for fraudster Black a few months ago? Rees-Mogg talked of the lavish parties, which were at the expense of Hollinger which Black did not own, and not of the charges against him. He said "risk-taking entrepreneurs are essential to the development of the economy." I suppose Robert Maxwell was a "risk taker" as were those in charge of Enron.