Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
Finally, the trial of former media mogul Conrad Black is winding down. Is the man a liar, as prosecutor Julie Ruder said today? Or is he an overpaid executive who treated his company like a personal fiefdom but legally didn’t stray over the line?
Despite all the stories of excess, there are a lot of rumblings that Black could get off. Certainly, he has been the picture of confidence throughout the trial and has privately spoken with Canadian media types I know about crushing Radler, his former deputy, in court. Journalists like Susan Chandler of The Chicago Tribune are already contemplating what life will be like if Black is found innocent and returns to the world of media.
The trials of other high-living executives like former HealthSouth CEO Richard Scrushy show that leaders can be acquitted of wrongdoing, even when people on their team declare themselves—and their boss—to be guilty. Stay tuned.
How can you manage smarter? Bloomberg Businessweek contributors synthesize insights from the brightest business thinkers, critique the latest management trends, and comment on leaders in the news.