Friday, March 30, 2007

Media Roundup: Fade from Black

There aren't that many pieces on the Conrad Black trial to pass along today:

1. The Globe and Mail has a profile of Henry Kravis, husband of former Hollinger International director and audit-committee member, Marie-Josée Kravis.
2. From the New York Post, Janet Whitman's write-up on the book-launch party, held Wednesday night, which was attended by both Conrad and Barbara Black.


Also: from the blog of Wellington Financial, a lengthy opinion piece, whose theme is that corporate governance reform is putting an end to the practice of top management using corporate assets for quasi-personal purposes. Interestingly, for a corporate finance/venture capital firm, this piece is pro-comeuppance; the author(s) cheerfully take the other side of the renunciation-of-the-rights-of-the-nobility contextualization that Mr. Black used in one of his more known trial-related quotes. The piece forecasts hedge funds acting like investigative journalists in annual meetings, even through adapting the old buy-the-minimum-quantity-to-be-let-in tactic first used by activists in the 1970s. (Shareholder activism started through transference of proxy rights in 1966.) Wellington Financial is a Toronto firm.

1 comment:

Anonymous said...

For a comprehensive look at the Conrad Black trial got to www.blacksjustice.com