Hollinger crisis deepens: Black defiant under scrutiny

Article Abstract:

Conrad Black, chief executive officer of Hollinger International Inc. in Canada, remained defiant despite his forced departure from the company because of $32.2-million (U.S.) worth of unauthorized payments in November 2003. He stated that he had made $50 million with the soaring value of Hollinger International shares, and although he had to take some responsibilities for the mistakes, he blamed others for 'sloppy' reporting that generated erroneous regulatory filings.

Legal issues & crime, Newspapers, Company legal issue, Investigations, Newspaper publishing, Hollinger International Inc., HLR, Fraud investigation, Embezzlement, Black, Conrad

---

U.S. executive to take top job at GM Canada

Article Abstract:

General Motors of Canada Ltd. has hired Michael Grimaldi as its new president. General Motors of Canada, which has suffered in recent years from a decline in market share and earnings, also announced that its former president, Maureen Kempston Darkes, will take over GM's operations in Latin America, Africa and the Middle East.

Motor Vehicles & Parts, Transportation Equipment Manufacturing, Motor Vehicles and Equipment, Appointments, resignations and dismissals, General Motors Corp., GM, Transportation equipment industry, General Motors of Canada Ltd.

---

David Peterson's hard-luck boardroom adventures

Article Abstract:

David Peterson of Microforum Inc. and YBM Magnex International Inc. is profiled.

Prepackaged software, Computer Software, Software Publishers, Management, Computer software industry, Software industry, Software, Peterson, David, Microforum Inc., YBM Magnex International Inc., YBM

Similar abstracts:

• Abstracts: West Edmonton Mall gets debt refinancing. Forecasts point to economic slowdown. Amusement parks striking it rich
• Abstracts: Honda betting on speed and efficiency. Mitsubishi to enter Canadian market. Price gap widens between trucks and cars
• Abstracts: Sun Life nears deal on U.S. reinsurance debacle. Sun Life plans to boost return
• Abstracts: Domtar eyes acquisitions as it posts record results. Domtar to buy 4 mills from Georgia-Pacific
• Abstracts: De Beers offer for Winspear gets nod. De Beers targets 'blood diamonds'. Winspear projects cost exploring diamond site

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.