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Shareholder lawsuit names Hollinger International directors

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54anickel Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 05:22 PM
Original message
Shareholder lawsuit names Hollinger International directors
http://www.suntimes.com/output/business/cst-fin-holl03.html

A shareholder lawsuit against Hollinger International, owner of the Sun-Times, takes aim at its star-studded board of directors, alleging they gave top executives "unfettered license to line their pockets at shareholder expense."

The suit, filed in Delaware and unsealed this week, names directors including former Illinois Gov. Jim Thompson and former U.S. Secretary of State Henry Kissinger as defendants. It alleges that Hollinger Chairman Conrad Black and a handful of former executives "looted" the company to the tune of $300 million -- and that the board of directors did nothing to stop them.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 05:23 PM
Response to Original message
1. Now that woudl be a perp walk to watch
Kissneger and Black....


Do they sell tickets for those shows?
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Just Me Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 05:25 PM
Response to Original message
2. Perle. Where's Perle? Isn't Perle supposed to be a defendant?
Does my memory deceive me?
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54anickel Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 05:28 PM
Response to Reply #2
3. Wondered the same thing when I found it.
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