Party's Over

Hollinger international reported last week that its former CEO Conrad Black and other executives took more than $400 million from the company. Black denies the allegations. But the excesses noted in the report, including those cited here, should interest the U.S. Securities and Exchange Commission, which has launched its own investigation into the company:

The Apartment Swap
The Blacks "swapped" their flat for one that Hollinger owned in the same building, diverting "a $2.5 million ...