Friday, November 04, 2005

Options may make fetching wallpaper

Apparently Maclean's supremo Ken Whyte believed assurances from Hollinger executives that options he held to buy stock were safe, even after he was fired as National Post's Editor in Chief and the whole edifice was crashing around Conrad Black's ears. The Globe today reports that, last June, Whyte sued Hollinger International Inc. in New York to try and recover the $680,000 he says these options are worth. Hollinger, of course, disputes the claim.


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