Second Chance

Media Mogul Conrad Black Granted Bail

This jailbird has flown the coop—at least for now. A three-judge panel in a federal appeals court has granted bail to Canadian newspaper owner Conrad Black, who was convicted in 2007 on three counts of mail and wire fraud, honest-services fraud, and one count of obstruction of justice. Black, who previously owned the U.K.’s Daily Telegraph and the Chicago Sun-Times, had been in a federal prison in Florida serving his 78-month sentence. This is his second time seeking bail before the same court. Details have not yet been released on when Black will be freed.