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muriel_volestrangler Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-04 10:51 AM
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Black tried to frighten inquiry members
Wow, this story has everything: "I know where you live", "fix their wagons good", and the former US ambassador to the UK likening Black to Hitler!

http://media.guardian.co.uk/presspublishing/story/0,7495,1152148,00.html

"Lord Black allegedly said he knew where Raymond Seitz, a member of the committee, had property in the UK that he could seize and that he also knew where another member Graham Savage, lived. He essentially said he would "fix their wagons good", Mr Breeden said, adding this was not an isolated incident."

"Mr Seitz, who was on the stand, called the documents "a classic example of self dealing" and said they failed to prove the payments were authorised by the audit committee or the wider board. Lord Black originally agreed to repay $7.2m to the company last November. He also undertook not to do anything that would interfere with the auction of Hollinger International's assets.

As that agreement unravelled, Mr Seitz, a former ambassador to Britain, said: "It felt like the invasion of Czechoslovakia and I was in the unhappy role of Neville Chamberlain. We had a perfectly good faith agreement and I expected it to be adhered to." Over the next couple of months he said "it became clear that Mr Black was reneging" on it."
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