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Greed finally got the Best of Lord Conrad Black and now he'll be paying golf with his Enron buddies in his new wardrobe "stripped pajamas" at the crow bar Hilton resort. He would look good in stripes anyway and kudos to the jury, made up of average honest hard working people, who found the ******* guilty. I wonder if he'll have to give up his lordship title... As to his appeal, it may take... oh 20 years or so to see the light of day. Chalk one up for the little guys!!
Conrad Black, a man never known for humility or bland statements, once remarked that "like all fads, corporate governance has its zealots."
Based on the verdict of a Chicago jury – which, after 12 days of deliberations and a four-month trial, found the media tycoon guilty of three counts of mail fraud, obstruction of justice and a possible $1 million fine – he just ran into a whole gang of them.
Obstruction of justice alone carries a maximum penalty of 20 years imprisonment, with each mail fraud charge worth five years of time.
(His three co-defendants were also convicted of three counts of mail fraud.)
More on Link:http://finance.sympatico.msn.ca/investing/deirdremcmurdy/article.aspx?cp-documentid=5128058
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