Frustrated shareholders of Hollinger International — which owns the Chicago Sun-Times –succeeded Monday in changing the board of directors. Now, some might push the company to put itself up for sale.
Chicago-based Hollinger International said Monday six members of its board of directors would not stand for re-election in January. The announcement followed months of pressure from shareholders, who claim the board failed to oversee management, allowing former Chairman Conrad Black to loot the company.
“These directors have made important contributions to the company’s significant accomplishments during the past two years,” Hollinger International Chairman Gordon Paris said in a statement.
The departing directors include former Illinois Gov. Jim Thompson, former U.S. Secretary of State Henry Kissinger, former diplomat Richard Burt, Daniel Colson, Shmuel Meitar and prominent neoconservative Richard Perle.
Richard Perle who served on the Defense Policy Board as well as in any number of Republican posts over the years, and who was mentor to my personal favorite among all the incompetent Pentagon war planners, Douglas Feith, who is now being investigated by the Inspector General’s office.
You get the feeling these guys sit around in a meeting and say, eh, Richard’s friends are looting the newspapers, Henry’s are looting the government, so between them we’ve got it all worked out.
Somebody tell me the story again about how the thing with Bush was that he was going to have good people advising him.