BBC (Monday November 17): Media tycoon Conrad Black resigns

[Jack Rabbit]

From the BBC Online
Dated Monday November 17 11:54 GMT (3:54 am PST)

Media tycoon Conrad Black resigns

Conrad Black is to step down as chief executive of a global media empire that includes the UK's Daily and Sunday Telegraph newspapers.
The announcement came as the company, Hollinger International, said it was considering putting itself up for sale.
The move follows an internal inquiry which found that Lord Black and other executives had received more than $32m (£19m) in unauthorised payments.
The group's other assets include the Chicago Sun-Times and Jerusalem Post.
It also owns some Canadian newspapers.

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