Summary
A federal prosecutor yesterday accused fallen media tycoon Conrad Black and three other executives of swindling the Hollinger International newspaper empire they once ran out of pounds 30 million in a series of deals that ended with a "bold money grab".
When questions were asked about what he was doing, Black brushed them aside as "an epidemic of shareholder idiocy," Assistant US Attorney Jeffrey Cramer said in opening statements at Black's racketeering and fraud trial.See the full content of this document
Extract
International: Tycoon's Shameless 'Money Grab'
"It was theft, it was fraud, it was crime," Mr Cramer said in his fi...
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