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Saturday, June 18, 2005

 

Crooks in the Corporate World - Larceny at Grand Level

Two more convicted but many remain free

From Associated Press:

"NEW YORK - Former Tyco International CEO Dennis Kozlowski and a subordinate were convicted Friday of looting more than $600 million from their company to pay for lavish parties, fancy art and an opulent Manhattan apartment that featured a $6,000 shower curtain."

Kozlowski could face 30 years in prison. He certainly deserves it. Incidentally, the shower curtain was reported to be for the maid's quarters.

Link:
Kozlowski

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