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How Conrad Black lost his empire

Conrad Black had just bought the Daily Telegraph. He was on his way to the peerage he coveted - Lord Black, indeed! - and he marched into the New York bureau of the Telegraph, where I then worked, with all the pomp of his great hero, Napoleon.

"This office," he thundered, fist banging, "has done more to damage the reputation of the United States than any other." He paid us now, so we would serve his interests in buttering up Washington.

Black's arrogance, bombast and stupidity were on display from the get-go. But not the greed that will have him facing the criminal fraud charges lodged in Chicago today, threatening 40 years in jail. His undoing came with a woman, when columnist Barbara Amiel fulfilled her own ambitions by becoming Lady Black. Conrad had converted to Rome for his first marriage, and

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charles laurence says Lord Black’s Napoleon complex was his undoing

made much of his Papist propriety. Lady Black, long experienced in the tender arts of marriage, conquered his inhibitions and let loose the Colossus.

He turned out to be a colossal fool. Black assumed that America would love him. But the $80 million Black is accused of looting belonged mostly to American shareholders. (He denies all charges).

As a British peer who is really Canadian, Black is the perfect fall-guy. He can be gibbeted to prove that corporate malfeasance will be punished, without sacrificing further members of the Bush/Cheney club.

Black was too full of himself to see it coming. Just as he was always too full of himself to realise that Napoleon was a poor role model: he was French, and he lost.

FIRST POSTED NOVEMBER 22

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