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Conrad Black found guilty

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This is not Enron', says Bob Seeman on the Wall Street Journal's Law Blog. Black 'built a great company, the share value of which is now much less than it was when he was in charge. This is a sad day for US capitalism'. On the same site Richard Cline is filled with different emotions: 'Zeus has struck again in the face of hubris! In 2003 on a London bus I read an editorial in the Daily Telegraph telling us 'Greed is Good'. Ever since then Black to

 

me is 'Greed is Good' Black'.'


In a blog on the National Post, one of the papers Black owned, Jonathan Kay insists that Black should not be lumped together with those who built 'imaginary corporate castles in the sky. As many others have noted, he ran a company that was sound and profitable: the corporate do-gooders who came after the man spent far more of the company's money pursuing him than he was ever accused of misappropriating'


Black's very keenest defenders are found on Facebook's Conrad Black Fan Club. One of them, Melvin Swartz, blames the composition of the jury: 'Call me an ignorant racist, but I believe a rich white man doesn't have a hope with a largely black and .,

 

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