Black 'Ordered Cover-Up of Shareholders' Revolt'

Summary

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PAUL HEALY'S account yesterday of Conrad Black's anger and concealment during the last months of his life as an international media tycoon in 2002 and 2003 was raw.

According to Hollinger's former investors relations officer, Lord Black condemned questioning shareholders about payments to himself, misinformed fund managers about $19 million of noncompete payments he had received and ordered a cover-up of the shareholders' revolt from Hollinger's independent directors.

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Extract

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Black 'Ordered Cover-Up of Shareholders' Revolt'

"We haven't been sitting here feathering our own nests," Black was heard by jurors telling irate shareholders in a video recording at their annu...

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