Monday, March 03, 2008

Cadillac Disgorges Media Baron: Welcome to Coleman Prison, Inmate 18330-424!

posted by Terry Glavin at 4:53 PM

7 Comments:

Blogger kurt said...

Yes, oh brother, where art thou, ye man of constant sorrow... plotting a jail break?

http://www.youtube.com/watch?v=YyccmlaKS8s&feature=related

5:40 PM  
Blogger vildechaye said...

Over the years I could only dream that a pompous blowhard like Conrad Black would get his comeuppance, especially after he set his sights on becoming a British Lord, the height of pomposity in my books. But his downfall has had the opposite effect on me, it makes me sick. Black may have dipped into his company's cookie jar a bit more than he should have, but he ran a successful media empire and made oodles of cash for his shareholders. Hardly an Enron, Worldcom, or even martha stewart situation here. And his company has been gutted by the guys who did him in and is now worth less than 5% of what it was before his troubles started. In short, I never thought i would say this, but I feel sorry for the man and think his incarceration -- for 6.5 years no less -- is a travesty of justice. I take no glee in it whatsoever. If there's any consolation, it's that Barbara's extravagance will now definitely have bounds, but that isn't much.

8:26 PM  
Blogger Francis Sedgemore said...

For having the nerve to quote Thoreau, Black deserves to be buggered senseless by a succession of his fellow inmates.

10:15 AM  
Blogger kurt said...

Vildechaye: Black had his positive attributes, and he and Radler were entitled to rape and pillage anything they owned when they were private. However, when they went public they had a responsibility to disclose everything to their shareholders, most of them being pension funds. In short, they ripped off little old ladies and gents, so have no pity for them — it was no longer "his (Black's) company."

2:38 PM  
Blogger vildechaye said...

Kurt: I understand your point, and i don't disagree. However, those little old ladies have now lost absolutely everything, since the folks who took over from black ruined the company. better to have a somewhat crooked CEO/Pres whatever who makes money for shareholders, I think. Also, I think Black is unfairly lumped in with the Enron/Worldcom crowd, and his misdeeds don't even come close. In short, punishment perhaps, jail time, i don't think so. 6-1/2 years -- come on, murderers have been known to do less time.

2:57 PM  
Blogger Terry Glavin said...

I got money says Black is out within a year and change.

T

7:10 PM  
Blogger Blazingcatfur said...

I agree, in fact I expect a Bush pardon.

9:57 AM  

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