Saturday, June 18, 2005

Sometimes they Lose

With all the focus on efforts to hold Bush accountable for his high crimes and treason to the United States, we failed to note here on the Hegemon that the man with expensive tastes in shower curtains, L. Dennis Kozlowski the former chief executive of Tyco International who stole or illegally made over 500 million dollars by direct stealing or secretly selling his shares was finally convicted of fraud, conspiracy and grand larceny. Mark H. Swartz, Tyco's former chief financial officer was also convicted. Bummer, what is a greedy corporate manager to do? I guess, there is always an opening with the RNC or Dick Cheney's staff.

This finally brings to an end a three-year-long case that came to symbolize an era of corporate greed and scandal that was just as bad, if not worse, than the run away greed of the 1980s.


I am above the law! Just like Herr Bush!"

Instead of days of testimony about Mr. Kozlowski's now infamous $6,000 shower curtain or a $2 million birthday party for his wife that was partly paid for by the company, prosecutors spent most of the trial drilling into the accounting issues surrounding the $150 million that Mr. Kozlowski and Mr. Swartz were accused of stealing.

Wow, $6,000 shower curtains! I wonder if they keep the water in the shower while your in prison?

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