Blawgletter hasn’t paid much attention to the fraud and racketeering case against Conrad Black, not least because it struck us as an unseemly but semi-ordinary example of insider avarice.  Plus it involved mere millions of self-enrichment — not the tens or hundreds to which we’ve accustomed ourselves.

But a federal jury in Chicago today found that Mr. Black’s grabbiness crossed the line from sleazy to fraudulent.  The core of it involved non-compete agreements, which Mr. Black used to divert corporate funds to himself and three of his pals.  WSJ story here.

Barry Barnett

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