News for anyone who cares.. Conrad Black, the former CEO of Hollinger Inc was released form a Florida prison today after serving over 3 years.
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Black was forced out of the global publishing empire he had built from the ground up in 2004 after shareholders in the U.S. questioned payments he and other Hollinger executives received from the sale of corporate assets.
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The bad news is, he's out of jail after only 3 years and more bad news is he coming back to Canada...
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Now I have a question for the board.... How much is the BOD deducting from the selling price as a cost of selling the company? 22 million is it? If after a research, and it's found that the money used in the cost of sales is redirected to managemetn or their family or other relatives is that a similar situation? Just asking, not making any kind of accusation whatsever....But it does ask the question don;t you think?