Posted on 14/07/07
The Conrad Black verdict: A victory for capitalism
Sometimes it's not the crime that gets you, but the cover-up. Martha Stewart sold shares based on secret information and went to jail, not for insider trading but for obstruction of justice. Conrad Black and his associates spent years skimming money for themselves out of deals made by Hollinger International, once the world's third-largest newspaper empire. And of the crimes of which he was found guilty in Chicago yesterday, which one is most likely to put him in prison for the rest of his life? Obstruction of justice.
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