Excellent verdict

Not all courts are full of it. This one got it right: NEW YORK (MarketWatch) -Former Tyco International CEO Dennis Kozlowski was convicted Friday in a Manhattan court of stealing from the company. Kozlowski and co-defendant and former Tyco (TYC: news, chart, profile) CFO Mark Swartz were both convicted of conspiracy, securities fraud and 8 … Continue reading “Excellent verdict”

Not all courts are full of it. This one got it right:

NEW YORK (MarketWatch) -Former Tyco International CEO Dennis Kozlowski was convicted Friday in a Manhattan court of stealing from the company.

Kozlowski and co-defendant and former Tyco (TYC: news, chart, profile) CFO Mark Swartz were both convicted of conspiracy, securities fraud and 8 of 9 counts of falsifying records.

Both men were charged with stealing money from Tyco to fund an elaborate lifestyle of luxury homes and parties.

Another Clinton-era crook goes to the Graybar Hotel.