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Business
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Number of pages / Number of words: |
11 / 2949 |
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Paid senior associates $5.3 million in incentive compensation on Hollinger Digital transactions by disregarding $67.8 million in investment losses. They also allowed sales proceeds to be reduced by $39 million in order to offset a side deal negotiated by Black in which CanWest agreed to pay them $3.9 million in perpetuity...
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President Franklin D. Roosevelt without authorization. Blackâs persistence was able to convince the company to spend this money, which he used to decorate his personal residences in Palm Beach, New York and other locations.
Finally they filed proxy statements and other disclosure documents with the SEC that contained false statements or omitted to include material information regarding fees and other forms of compensation or related party transactions that involved transfers of tens of millions of dollars out of Hollinger (SEC Info 2004)...
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