Tuesday, August 23, 2005

Stealing from the poor and giving to the rich

According to the NYT,
Last Thursday, Mr. Radler, 63, was indicted on criminal fraud charges related to the sale of dozens of papers several years ago. He has agreed to plead guilty and cooperate in a continuing investigation into financial scandal at Hollinger, presumably in return for a more lenient sentence than the maximum of 35 years he could face....
David Radler, as you will recall, is the former owner of the Jerusalem Post (and Hollinger), who, together with Conrad Black, stole millions upon millions from the company, leaving some employees so skint they literally couldn't pay their heating bills in the winter.
Far be it from me to take pleasure in the misfortune of others, but in this case, as a former employee, I hope he goes down for a long, long time. And the best news yet:
[T]hough the United States attorney's office would not say whether charges will be brought against Lord Black, legal experts said Mr. Radler's decision to cooperate made that a near-certainty.

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