Royal Spa

Conrad Black

LancsLad

Unstable Element
Jan 15, 2004
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In a very dark place
Esco! said:
I dont think running is an option for him, where's he gonna hide????
Everyone knows what he looks like, he'd be spotted within a day



EDIT: He had to surrender his passport and he cant leave the Chicago area

http://www.thestar.com/News/World/article/235634


Thats why you always have two passports.
 

Esco!

Banned
Nov 10, 2004
12,603
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Toront Ho
I think he'll probably get a 5 year sentence, on good behaviour he'll serve 3 and he'll be 66 years
old when he finally gets out.

Thats not really so bad
 

twobigo

New member
Oct 22, 2002
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That mongrel dog should of been in jail years ago..that lowlife tried to dip into the pension fund of Dominion workers while he owned that chain of grocery stores..but canadian law seems to treat white collar crime with kid gloves..it took the Americans to do something about the guy...what must really get to the Lord is the fact that is life long buddy and business partner ratted him out....
 

fuji

Banned
Jan 31, 2005
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¯\_(ツ)_/¯
is.gd
He'll get minimal jail time, if any. I love how the article said he "glared" at the jury. I hope they glared right back.
 

hinz

New member
Nov 27, 2006
5,671
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It's a sad day for Canadian Justice system as a whole.

Conrad Black is not only locco (addition to entitlement and status) but also a hoodlum wearing tailor made expesnive suit stealing widows and orphans money, instead of whacking or mugging peoples like the Sorpranos (sorry Italian terbites...)

Only the Americans have the balls, the resources and determination to nail this megalomaniac, something the Canadians are either indifferent or do not have the stomach and backbones to confront these issues. Canadian politicans are too "small town" and busy to focus on petty politics and protect their financial turfs/jurisdication.

Don't hold you breath to have a Canadian version of SEC or vigorous laws to prosecute white collar crimes in the foreseable future.

No wonder why many of the white collar criminals find it easy to apply their trades here as the securities regulatory regimes here resemble "Banana Republic", not the one owned by the GAP/Crap.
 

jjkrszd

Banned
May 8, 2007
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rubmeister100 said:
The big thing that the press has vompletely missed out on reporting is that a non-compete agreement is legitimate IF the buyer asks for it
It's pretty clear that the man is a criminal. He makes boxes of files, which contain corporate documentation, disappear; he, along with Asper, place a law firm in a complete conflict of interest in order to strike a deal within a given period of time -- and, who knows what was mishandled with respect to that process...we never will know, as no ILC was ever asked to review the so called CanWest deal "non-compete", or be party to the many phone calls and information that went back and forth between the two parties. How in the world would any shareholder accept the fact that deals were done without the proper legal due diligence, and were done with a high profile Canadian law firm in a complete conflict of interest. Finally, it was quite clear at the trial that the non-compete plan was an afterthought, and one that was not requested by the buyers of the U.S. publications. They merely signed the documents to close off the deals. I'd suggest (and I believe the jurors thought this too) that the structure of the U.S. deals leaves the CanWest non-compete in question too. What independent legal verification is there to counter the notion that Black suggested the non-compete to Asper, in order to support a cash skim? There is none, because none was asked to sit at the table.

Any juror could see that the so called non-compete was a pure cash skim, and it was also pretty clear that it was a last minute ploy to support the skim. I doubt he'll do much jail time...but, he's a criminal -- plain and simple. He stole $60 Million from shareholders; they found that out; and they got him. Good for them!
 

arotkca2

Banned
Mar 12, 2006
178
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Conrad renounced his Canadian Citizenship to become a member of the House of Lords. Now, no longer a Canadian and a convicted felon, is he eligible to re-enter the country?

A word of advice for the sumbag. Don't drop the soap in the shower in jail, or you'll end up someone's girlfriend:eek:
 

james t kirk

Well-known member
Aug 17, 2001
24,065
4,026
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petemeat said:
Also, if Conrad loses alot of $, just watch Barbara Amiel throw him away like a used tampon.
Oh yes, if ever there was a cold self serving bitch, it's her.

"My extravagence knows no bonds" she once said. Hard to be extravangant if the old man runs out of dough.

Mind you, she's hardly a spring chicken. If you were a rich old fuck worth mega millions would you really be interested in a 60 something year old gold digger, or would you go for the 24 year old model gold digger
 

james t kirk

Well-known member
Aug 17, 2001
24,065
4,026
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twobigo said:
That mongrel dog should of been in jail years ago..that lowlife tried to dip into the pension fund of Dominion workers while he owned that chain of grocery stores..but canadian law seems to treat white collar crime with kid gloves..it took the Americans to do something about the guy...what must really get to the Lord is the fact that is life long buddy and business partner ratted him out....
Canadian law treats ALL criminals with kid gloves period. Our so called justice system is a joke.

You can kill someone (that sylvester guy in Markham) and get 16 years. That guy who killed that poor lady out walking with her son because he was drunk out of his mind will get maybe 4 to 6 months. Those punks who killed that cab driver got house arrest for a year (to sit at home and play nintendo).

Its' crazy.
 

james t kirk

Well-known member
Aug 17, 2001
24,065
4,026
113
rubmeister100 said:
The big thing that the press has vompletely missed out on reporting is that a non-compete agreement is legitimate IF the buyer asks for it.

So, if Asper says "Ok, Hollinger, we'll buy those papers but listen here, we're only going to buy it if Conrad and the others agree not to go start up another paper in our market on their own... outside of Hollinger".

As it was, the buyers said, "Ok, we'll pay 100 million (for example) for those papers".

Then Conrad came back and said, "Ok, 100 million it is! Make a cheque for $80 million to Hollinger, and five million to Radler, ten million to LORD Black of Crossharbour, etc ... and just note in the "RE:" line -Non-Compete Agreement".

If this was his own privately held company he can ask the buyer to make the cheque out to his grandmother's dog and cat .

Or he could have been straight and said to the Board "Look chaps, I've really scored big for the company and we're gonna make a shitload of money on this deal that I put together from start to finish... howzabout a nice 10% bonus for me and the lads if it all works out?"

Except this guy thinks it IS his company, and that shareholders and the board are mere formailities and obstructions!

If I was him, I'd use the ten or twenty million I certainly squirreled away somewhere over the years and find a smuggler to get me to Venezuela or somewhere without an extradiction treaty. Certainly not the same as rubbing shoulders with the other english chaps at the club in LOndon but way better than spending the next ten years (until he is 72!) in prison!

Ten years doesn't sound like a lot until ou really think about what you've done in the last ten years!
Excellent post. You hit the nail right on the head as to Conrad's attitude that it's all really his to do with as he pleases.

I think that Connie really believes that most of us are just serfs, and he is our lord.

Do you remember that fat guy in Braveheart who was the English lord who claimed his right of "prima nocta" with the guy's wife because it was his right to do so as a lord? Connie reminds me of that guy, just he can't do it because the law won't let him -but he sure thinks that he should be able to.

Has Conrad ever done a decent thing in his life? Anything that wasn't motivated by Conrad and his greed? Has he even done any kind of support work for a local charity? Not that I can think of. The Thompson family could buy and sell Conrad, but I know that they are very much into giving back through the arts and charities. The only thing that Conrad has ever given back is the contents of his toilet bowl.

I agree that Connie should run because they are going to throw the book at him and he's not going to be attending any costume parties dressed as a pimp any time soon.
 

hinz

New member
Nov 27, 2006
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james t kirk said:
Oh yes, if ever there was a cold self serving bitch, it's her.

"My extravagence knows no bonds" she once said. Hard to be extravangant if the old man runs out of dough.

Mind you, she's hardly a spring chicken. If you were a rich old fuck worth mega millions would you really be interested in a 60 something year old gold digger, or would you go for the 24 year old model gold digger
Or maybe she's pretty loaded already and prowled around to get a boy toy like a cougar :eek:
 

hinz

New member
Nov 27, 2006
5,671
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arotkca2 said:
A word of advice for the sumbag. Don't drop the soap in the shower in jail, or you'll end up someone's girlfriend
a cellmate who's into MILF.....:eek:
 

Rockslinger

Banned
Apr 24, 2005
32,766
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He should also have been charged with transferring $400MM from the public company to his own private company for his own personal use. He called the $400MM "management fees". (Frank Stronach doing the same at Magna.)
 

toughb

"The Gatekeeper"
Aug 29, 2006
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Asgard

Robio

New member
Dec 28, 2005
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35 yrs what is wrong with the US justice system ? Seriously how did he murder or kill to get that kind of time.
 
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