Earlier this year, he shredded the reputation of Conrad Black with a forcefully worded 130-page ruling blocking Lord Black's sale of his stake in Hollinger Inc, a holding company that owned (among other newspapers) Britain's Daily Telegraph.
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Lord Black and the other executives have agreed to pay back the cash by June 2004, Hollinger added.
But even if Lord Black wins in court, it's hard to see how he wins overall.
They have been told that Lord Black's legal liabilities will transfer to the new owners.
Yet again, even on his way out, Lord Black has found a way to infuriate them.
The Telegraph gave Lord Black everything he had dreamed of: riches, social status and influence.
The company (which just changed its name to Sun-Times Media Group) and Lord Black are suing each other for damages.
Dorothy L. Sayers's fat, black-bound Lord Peter Wimsey mystery, "Busman's Honeymoon" was one of the first I remember being given.
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Lord Black of Crossharbour, is scrambling to fend off a battle royal at the annual meeting of Hollinger International, his globalnewspaper chain.
This week they rebuffed a tentative offer from the Barclays to buy them out on terms similar to those offered to Lord Black.
Lord Black has sued to block the process, arguing the sale to England's Barclay brothers triggers a Delaware law requiring a shareholder vote.
But Lord Black, although wealthy by most standards, was no billionaire.
In the audit committee's favour, however, the report says that Lord Black often misled the board, and that its members co-operated fully with the company's investigation.
He had been in impressive form with the ball for Lancashire and would have returned to the squad for the first Test against the Black Caps at Lord's.
Lord Black has shrugged off the allegations as "exaggerated claims laced with outright lies" adding that the courts will "exonerate the men and women attacked in the report".
Lord Black's defenders argue that the cure has been worse for Hollinger's shareholders than the disease though prosecutors would no doubt retort that breaking the law deserves punishment regardless.
This week, Hollinger International's board launched a campaign, including the creation of a poison pill, to stop Lord Black selling control of the firm to the wealthy Barclay brothers.
Aided by Mr Radler, a tight-knit group of business cronies and a shamefully acquiescent audit committee, Lord Black's systematic long-term looting of the companies he controlled became increasingly frenzied.
Lord Black's greatest stroke of luck, however, was his purchase in 1986 of the ailing Daily Telegraph, Britain's biggest-selling quality newspaper, thanks to the help of a former editor of The Economist, Andrew Knight.
When Rupert Murdoch dished the grasping print unions in the same year, Lord Black was able to follow in his slipstream, turning the loss-making Telegraph into a piggy bank both for his other businesses and for himself.
For that reason, shareholders think that the Barclay brothers will be obliged in one way or another to make a deal and pay them money, over and above what they win back by suing Lord Black and others.
The driven, abstemious Mr Radler enjoyed sweating profits from small, neighbourhood newspapers in their native Canada, while Lord Black cut a dash as a budding media magnate with his eye for a deal, strong conservative views and flashy erudition.
Nor were the court's rulings unambiguously favourable to Messrs Skilling and Scrushy and Lord Black, all of whom must now make their cases again in a lower court, rather than enjoying the release from jail that the Supreme Court could have granted them.
Key players, I'm told, were the Telegraph's Lord Black who is the key fix-it man for the industry, Associated Newspapers' Peter Wright, who is the former editor of the Mail on Sunday, the editor of the Times John Witherow and the editor of the FT Lionel Barber.
Another possibility, suggests Mr Kirkendall, is that federal prosecutors have looked at the large number of successful appeals against the convictions they won in jury trials of executives from Enron and other firms, of which Mr Skilling's and Lord Black's are the latest, and have concluded that going after Wall Street executives is not worth the career risk.
Mr Black has written to Lord Peter Mandelson, the Business Secretary, asking him to support to the British Lung Foundation's campaign to end the restrictions and charges that airlines place on people with a lung condition.
Russia's role as Olympic host got another black eye after a top Russian crime lord was gunned down last week in Moscow in what police described as a war between two powerful mobs over lucrative construction projects, allegedly including ones for the 2014 Sochi games.
By the start of this one, the intervention of Lord Taylor of Warwick, a black Conservative in the House of Lords, had forced an abrupt change.
In an earlier persona, Johnson once wrote of a certain large-wigged Law Lord that he plainly thought the press too big for its boots and unfit to black his.
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