Thursday, December 04, 2003
More corporate misconduct
Have you heard of Dennis Kozlowski? Until last year he was running TYCO, a company employing 260,000 people, and worth more than Ford and General Motors combined. He and the former CFO are now on trial for looting $600 million in unauthorized bonuses and loans from the company. Want a $6,000 wastebasket or $15,000 umbrella stand? Ask Dennis. He knows where to find them.
It's amazing to me that a trial for a crime this large is proceeding almost completely under the radar. I had not heard about until I snooped around and found this article.
This man is a study in excess, and power gone bad. I wonder if he has any daughters....
It's amazing to me that a trial for a crime this large is proceeding almost completely under the radar. I had not heard about until I snooped around and found this article.
This man is a study in excess, and power gone bad. I wonder if he has any daughters....
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