• Most Popular
  • Most Shared
Livestock Company owner Jeff Moore drinks at the Stockmen's Club of Imperial Valley in Brawley, California, November 2, 2009. Credit: REUTERS/Lucy Nicholson

Route To Recovery

A team of Reuters journalists toured America in November 2009 to examine the impact of the recession and the prospects for recovery. Here's what they uncovered.  Full Article | Full Coverage 

Jailed press baron Black seeks Bush pardon: report

TORONTO
Thu Nov 20, 2008 8:31am EST

TORONTO (Reuters) - Former media baron Conrad Black is seeking a pardon from U.S. President George W. Bush in a last-ditch effort to get out of jail early, the Globe and Mail reported on Thursday, citing sources familiar with the matter.

U.S.

Black, a Canadian-born member of Britain's House of Lords, has been in prison since March, when he began serving a 6-1/2 year sentence for defrauding shareholders of one-time newspaper publishing giant Hollinger International Inc.

Black's lawyers recently submitted legal bills to his former publishing company, some of which referred to work done in pursuit of a clemency plea, the Globe and Mail said.

Under the U.S. Constitution, the president can grant pardons and shorten sentences.

The push for clemency comes after a federal appeals court unanimously upheld Black's conviction this summer.

Black and three ex-colleagues were accused of swindling the company -- once the world's third largest publisher of English-language newspapers -- out of $6.1 million by giving themselves illegal bonuses.

(Reporting by Richard Valdmanis; Editing by Lisa Von Ahn)



More from Reuters

Photo

Fox, Time Warner Cable ink temp deal to avoid blackout

NEW YORK (Reuters) - Time Warner Cable and News Corp's Fox Networks agreed to a brief extension of their current carriage contract on Thursday to avoid a blackout that would have prevented 13 million U.S. homes from seeing TV shows like "The Simpsons" and college and NFL football games.

A customer is served at a counter inside a foreign exchange store displaying a poster of various banknotes including the Chinese yuan or renminbi (RMB) in Hong Kong November 20, 2009. REUTERS/Bobby Yip
OUTLOOK 2010:

Be careful what you wish for

Pressure on China to loosen its grip on the yuan will continue but the U.S. should tread carefully. Here are five world market issues to watch.  Full Article 

Aurora, a 20-year-old Beluga whale, swims with her newborn calf after giving birth at the Vancouver Aquarium in Vancouver, British Columbia June 7, 2009. REUTERS/Andy Clark

365 days for the doomed

From polar bears to emperor penguins, endangered species will get top online billing in 2010 during the Year of Biodiversity.  Full Article