Hollinger examines Perle investments

Hollinger examines Perle investments
Newspaper publisher probes corporate-governance practices
By Stephanie Kirchgaessner
FINANCIAL TIMES
Nov. 17 — Hollinger International is examining investments that were made by Richard Perle, a director on the publisher’s board and prominent defense advisor, on behalf of the company.

THE INVESTIGATION IS part of a wider internal probe at the publisher of the Daily Telegraph and Chicago Sun-Times into some of the company’s corporate governance practices, including the payment of nearly $300 million in management fees to Conrad Black, chief executive and chairman, and his deputies.
Hollinger CEO Black to retire

That probe, which is being lead by former Securities and Exchange Commission chairman Richard Breeden, is wide-ranging and involves close scrutiny of so-called “related-party transactions,” or deals in which members of Hollinger’s board or executives personally benefited from deals the publisher agreed with other companies.......

http://www.msnbc.com/news/994612.asp?0sl=-23

Your safer with the local pickpocket than these guys.