Conrad Black's attorney accused prosecutors today of trying to prejudice jurors against the fallen media mogul by focusing on his affluent lifestyle while basing their racketeering and fraud case on the word of a former business partner he described as "a proven liar."
TO say that the Chinese love to gamble would be a gross cultural generalisation. Then again, one could be excused for assuming as much, considering how the world’s gaming industry is going after China’s gamblers.
Conrad Black, the former owner of the Daily Telegraph, and three other executives have been charged with fraud in America involving the $2.1bn ($1.79bn) sale of several hundred Canadian newspapers and the abuse of company perks at newspaper publishing company Hollinger International.
IT’S a little early to be writing eulogies since the changeover won’t actually take place until next February, but last week, US President George W Bush announced that Ben Bernanke will succeed Alan Greenspan as chairman of the Federal Reserve in 2006.