Hollinger Will Help Bring Down Lord Black?

Just a brief news clip found here:

Hollinger Inc., a Canadian holding company formerly controlled by ousted-newspaper magnate Conrad Black, has agreed to cooperate with the U.S. Attorney's Office in the criminal prosecution of Black and several others.

In exchange, U.S. prosecutors have agreed not to prosecute Hollinger for any crimes committed by its former officers, directors or employees relating to noncompete payments diverted from Hollinger International Inc. to Hollinger.

Not good news for Conrad. But then he's been short on good news for a while now.

-- MDT