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Shades of Black: Conrad Black - His Rise and Fall
 
 
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Shades of Black: Conrad Black - His Rise and Fall (Hardcover)

by Richard Siklos (Author)
Key Phrases: media merger, compete payments, non compete, Conrad Black, Lord Hartwell, New York (more...)
5.0 out of 5 stars See all reviews (1 customer review)

List Price: $26.00
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Shades of Black: Conrad Black - His Rise and Fall + Outrageous Fortune: The Rise and Ruin of Conrad and Lady Black + Wrong Way: The Fall of Conrad Black
Price For All Three: $82.90

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Editorial Reviews

Review
From the reviews of the original edition:

“Exhaustive and strangely riveting… a fine book.”
Toronto Sun

“Black’s wheelings, dealings and bluffs make for entertaining reading.”
Ottawa Citizen

“Lively, thoroughly researched and fair… Siklos writes with confidence about Black’s often convoluted financial operations.”
–Times Literary Supplement (UK)

Product Description
At the turn of the new millennium, Conrad Black was living the dream he had imagined for his entire life: he was married to a beautiful, intelligent woman who shared his political outlook and love of a lavish lifestyle; a Gulfstream jet ferried the couple among palatial homes in London, Toronto, Palm Beach, and New York; and he owned, among many other newspapers, the Daily Telegraph in London, England, the Jerusalem Post, and the Chicago Sun-Times. He would soon be granted a peerage and a seat in Britain’s House of Lords, his parties and company boards were packed with luminaries, and he was planning to write a biography of Franklin Delano Roosevelt that would build his stature and presence in the United States, the country he worshipped.

What a difference four years make. Today, Conrad Black’s career and reputation are in free fall. He has been kicked out of Hollinger International, his main U.S. company, by its board of directors, and his prize possession, the Daily Telegraph, has been sold out from under him. The U.S. Securities and Exchange Commission and the FBI are investigating, and lawsuits are flying in every direction. In this definitive biography of the most famous Canadian businessperson of this generation, Richard Siklos delivers a riveting account of Black’s life and, for the first time, the inside story of his humiliating downfall, drawing on scores of new interviews conducted in four countries and on newly disclosed materials.

It is the story Siklos started to write in the 1995 edition of his bestselling biography of Conrad Black, Shades of Black, and now tells in full, gripping detail in this completely revised, updated, and vastly expanded edition, now subtitled Conrad Black His Rise and Fall.

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Product Details

  • Hardcover: 528 pages
  • Publisher: McClelland & Stewart; Exp Upd edition (November 9, 2004)
  • Language: English
  • ISBN-10: 0771080719
  • ISBN-13: 978-0771080715
  • Product Dimensions: 8.8 x 5.8 x 1.6 inches
  • Shipping Weight: 2 pounds (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)
  • Amazon.com Sales Rank: #1,157,484 in Books (See Bestsellers in Books)

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Shades of Black: Conrad Black - His Rise and Fall
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4 of 5 people found the following review helpful:
5.0 out of 5 stars Authoritative, April 6, 2007
Mr. Siklos' biography, for those who want to get the measure of Conrad Black, is close to definitive. He not only corrects minor inaccuracies in Peter Newman's THE ESTABLISHMENT MAN, but he also extends the story right up to the 2004 ouster.

As you read through it, you'll see certain parallels in Black's life emerging. Conrad Black was the younger son of a businessman who retired early, at a time when retirement at forty-eight was considered odd. As a child, Conrad had a capacious memory, honed into perfection by his father's training of him. He was mentored by Bud MacDougald, the top boss of a dividend company named Argus. It was there that Conrad Black hit upon the idea of accumulating cash flow to use for takeovers, and where he developed an inclination for asset shuffles and corporate reorganizations. Previous to Black being ushered into the Argus world, he and his long-time partner, David Radler, had built up a chain of newspapers, Sterling, almost from the ground up. The secret behind their success was, essentially, cost-cutting. Black had found some notoriety as well as fame from his writings, but it was his takeover of Argus, a true coup, that brought him fame as a businessperson in 1978. Notoreity followed fame when two of the companies controlled by Argus began to founder; he also encountered some legal trouble in the early 1980s.

Conrad Black does have a law degree, and is comfortable following precedent or custom, but is also comfortable with grey areas in the law, and in pushing the envelope of custom or tradition. (An example of this last trait would be his supplementation of Mr. MacDougald's strategy, of using the accumulated surpluses in Argus plus some borrowed money to acquire more shares of companies he thought were undervalued, by borrowing copiously instead of sparingly.) These traits are evident throughout Mr. Siklos' book. Those who want to get the measure of Conrad Black would do well to pay close attention to part 1 of the book, as it describes Black's return to the station of a newspaper proprietor after learning much about financing and asset management at Argus, later folded into Hollinger Inc.

I read the original version when it first came out, and can vouch for the claim that it is "expanded and updated." If you're interested in Conrad Black, you may wind up reading this book a few times, not only once.
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