Today in Corporations we covered the Conrad Black scandal.1 Black was a media baron until his fraud conviction for bad behavior1 as head of Hollinger International Inc. The wikipedia entry on Black is here, and a news archive is here.
During the conversation, Professor M took a pot-shot at Chicago:
Professor M: “The outside directors on this board were pretty illustrious, you have Henry Kissinger, former diplomats, and one of the board members was a former governor of Illinois…”
(Class chuckles)
Professor M: “You’re right! Illinois…that’s always a bad sign! Res Ipsa Loquitur!”
Some misdeeds after the jump.