http://www.nytimes.com/2004/09/06/business/media/06perle.html?ex=1095508766&ei=1&en=46dc1bdac19e94e8Perle Asserts Hollinger's Conrad Black Misled Him
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But last week, Mr. Perle's view of Lord Black changed. Issuing his first public statements since being heavily criticized in an internal report for rubber-stamping transactions that company investigators say led to the plundering of the company, Mr. Perle now says he was duped by his friend and business colleague.
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But the relationship between the two men was particularly special, friends and Hollinger officials recall. Lord Black approved plans that ultimately earned Mr. Perle more than $5 million - including a bonus formula that rewarded Mr. Perle for the successful investments he placed on behalf of a subsidiary of Hollinger but did not subtract for the losers. Mr. Perle served on a three-member executive committee of the board headed by Lord Black. The two men socialized frequently and traveled together extensively on the company jet, once going to see Prime Minister Benjamin Netanyahu of Israel.
Even so, by 2002, Lord Black was complaining in internal company messages about Mr. Perle.
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Both the Breeden report and people who know Lord Black and Mr. Perle describe a symbiotic relationship.
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will they both go down?