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...Among other triumphs, he sent Dennis Kozlowski, former chief executive of Tyco International, to prison for looting the industrial conglomerate of $600m....
...In 2005, Morgenthau also successfully prosecuted Dennis Kozlowski, flamboyant chief executive of Tyco International, for using company funds to finance his lavish lifestyle, painting him as the avatar of...
...Joe Leahy is the FT’s Brazil bureau chief Photographs: Getty; Isay Weinfeld; Karol Kozlowski / robertharding.com; Edelman Significa; Fernando Guerra / FG+SG...
...John Groneman, its assistant treasurer and director of investor relations, says that bearish analysts take a one-sided view of the situation....
...In the end, Judge Michael Obus – who oversaw the criminal trial of Dennis Kozlowski, the former Tyco boss convicted on charges of conspiracy and grand larceny – agreed....
...Mr Kozlowski was convicted in 2005 of stealing from the company....
...This is far less satisfying than seeing Richard Fuld or John Thain in stainless steel bracelets....
...Remember the golden (for some) era of CEO excess: Dennis Kozlowski’s priceless shower curtain, Conrad Black’s lavish toga party, Bernie Ebbers’ gold taps and even, as a late starter, John Thain’s $1.2m...
...Ex-Tyco boss Dennis Kozlowski, for example, supplied himself with a $15,000 umbrella stand, a $17,000 “travelling toilette box” and $2,200 wastebasket....
...While John Thain, ex-chief of Merrill Lynch, spent $35,000 on a commode and former Tyco boss Dennis Kozlowski thought $15,000 a fair price for an umbrella stand, Japanese bank chiefs’ main lapse of taste...
...john.gapper@ft.com...
...Mr Kozlowski’s position as chief executive of the private bank will be scrapped and John Longley will take on responsibility for the private bank in the US, reporting to Ms Krawcheck....
...Ranch hand John Prescott has done it again....
...Columbia University Law School’s John Coffee, an expert in securities law, says the government succeeded because it learned to follow what he calls the “kiss” rule: Keep It Simple, Stupid....
...Take the case of Dennis Kozlowski, the former Tyco executive: in his first fraud trial, the prosecution focused on a few simple facts about his lavish lifestyle – like the fact that he showered behind a...
...John Inch, a research analyst at Merrill Lynch, said: “It now seems that Tyco’s turnaround is going to take longer than previously expected with much of the ’low hanging operational fruit’ already harvested...
...Tyco’s Dennis Kozlowski, convicted in state court and sent to a maximum security prison in Fishkill, New York, may be having an even worse experience....
...John Rigas, 80, founder of Adelphia Communications, was on Monday sentenced to 15 years in prison for looting the cable television company and lying to investors....
...“If you’re a child of privilege, the thing you want more than anything in the world is to demonstrate that if you were John Smith you could have succeeded just as well.”...
...Today marks his third day of testimony in the theft and fraud trial of Dennis Kozlowski and Mark Swartz, the former Tyco executives....
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