Conrad Black scored a Pyrrhic victory yesterday after a U.S. appeals court reversed two of this three fraud convictions. The two convictions were set aside on technicalities, meaning prosecutors can retry Black on those charges.
Unfortunately for Connie, the pecuniary fraud charge was affirmed which guts his argument that, on the fourth charge, there was no obstruction of justice because there had been no previous crime.
Depending on the trial judge, Conrad Black could be back at the Greybar Hotel in time for Christmas. I'm actually sympathetic toward the old goat. He's done enough time, the important point - his fraud conviction - stands, now let him go.