Wednesday, May 9, 2007

UPDATE 1-Black's ex-partner Radler: payments were 'wrong'

(Reuters) - CHICAGO, May 9 - Conrad Black's business partner of 30 years testified on Wednesday that he knew the scheme he and the former media mogul devised to pay themselves bonuses was wrong.

David Radler, star witness at Black's trial who has already pleaded guilty to fraud and faces jail time, described how he and Black divided up $600,000 from the proceeds of two deals made as Black was selling off the media empire they had built.


Read more at Reuters.com Bonds News

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