Conrad Black

I’ll be back

And I have scores to settle

issue 02 July 2011

It has been confusing for anyone relying on the British media to fathom what has happened over the eight years of my persecution in the United States. And the volume of affecting messages I have received from the UK indicates that there remains some curiosity about it there. The short story is that a greenmailing shareholder who was trying to force the sale of the company (Hollinger International), and a quick realisation on the capital appreciation we had made in what had ceased to be a growth industry (newspapers), agitated for what is called in the United States a Special Committee, in 2003. This would look into all grievances of the requesting shareholder, and I agreed at once, as I had nothing to hide.

The Special Committee engaged as its counsel Richard Breeden, former chairman of the Securities and Exchange Commission, who had turned corporate governance into a vastly profitable business.

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