Jury finds Black guilty in fraud trial

Black did not testify in his own defense, nor did the other co-defendants. Rather, through his lawyer, Black argued that he had done nothing wrong and was the victim of a betrayal by Radler and former directors who he had appointed but had turned against him amid the intense focus on corporate governance after the collapses of Enron and WorldCom.

Unlike those companies, Hollinger International never faced financial collapse although most of its newspapers have now been sold and it is known as the Sun-Times Media Group.