Tyco CEO Found Guilty
GUILTY, GUILTY, GUILTY, GUILTY, GUILTY, GUILTY, GUILTY, GUILTY, GUILTY,GUILTY, GUILTY, GUILTY, GUILTY, GUILTY, GUILTY,GUILTY, GUILTY, GUILTY, GUILTY, GUILTY, GUILTY,GUILTY, GUILTY, GUILTY, GUILTY, GUILTY, GUILTY,GUILTY, GUILTY, GUILTY, GUILTY.
This was the constant refrain from a court official today in New York at the trial for corporate scoudrel, Dennis Kozlowski.
Kozlowski was convicted on 31 counts of stealing over $600 million dollars from the Tyco corporation, infamously paying $6,000 for a simple shower curtain and living lavishly on the company's dime.
The poster boy of corporate crookedness, Kozlowski celebrated his wife's birthday in Sardinia, Italy in a bash that featured Roman clad servants and an ice sculpture that spewed expensive Russian vodka, again, with money stolen from Tyco and its stock holders.
Kozlowski's conviction should be a reminder that bad people actually pay for their indiscretions with jail time rather than skip away like recent entertainers like Robert Blake and just this week, Michael Jackson.
In reality, cases like Blake's and Jackson's pale in comparison to criminal activities like Kozlowski, WorldCom's Bernard Ebbers and the impending trial of Enron's Kenneth "Kenny Boy" Lay because while a person was murdered and a young boy allegedly molested, the victims of these executives raiding their company's vault is a crime that reaches a large swath of people from employees and their families to stock holders to the confidence of investors all over the country.
Unfortunately, we live in a time when these sort of shenanigans are condone by an administration that plays by the same game.
INSTANT KARMA'S GONNA GET YOU
A second helicopter crashed without incident in New York City, Friday.
On a day when justice prevailed regarding corporate gluttony, a chopper filled with high-ranking executves from the credit card company, MBNA, crashed into the East River.
Eyewitnesses say they saw men in business suits bobbing in the river. One executive reportedly yelled, "HELP!"
Beautiful. A credit card suit yelling "help". Imagine how many of his customers have yelled, "Help! I'm drowning in debt!"
Saturday, June 18, 2005
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2 comments:
With all the money he stole, you'd think that not only would he join the hair club for men...he'd be the president!
Cool guestbook, interesting information... Keep it UP
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