Tyco

Ex-Tyco Executive Who Looted Company Now Says He's Owed $60 Million

The Huffington Post | Harry Bradford | Posted 05.09.2012

Read More: CEO Pay, Firstmerit, Tyco, Barclays, Fraud, Aviva, Vikram Pandit, Video, Mark Swartz, Andrew Moss, Credit Suisse, Pay Packages, CEO Compensation, Edward Breen, Dennis Kozlowski, Citigroup, Wellpoint, Business News

Even after being convicted for bilking his former employer for millions, one ex-executive is suing the company from behind bars, claiming he's still o...

Read Whole Story

The Prison Education Of Ja Rule

Posted 02.02.2012

Read More: Mid-State Correctional Facility, Comptroller Alan Hevesi, Ja Rule, New York News, Dennis Kozlowski, Alan Hevesi, Tyco, Ny News, Oneida New York, New York News

AP-- NEW YORK-- Rapper Ja Rule has been getting advice behind bars from two once high-powered men: ex-New York State Comptroller Alan Hevesi and ex-Ty...

Read Whole Story

Let Kozlowski Out of Prison!

Michael Santos | Posted 12.25.2011

Read More: Tyco, Long-Term Incarceration; Prisoner, White Collar Crime, Dennis Kozlowski, Prison, Vengeance, Politics News
Michael Santos

Justice cannot be measured solely with the turning of calendar pages. An enlightened society such as ours does every citizen a disservice when it inflicts the iron hand more characteristic of Draco.

Read Post

Why the Tea Party Is Wrong

Jeff Schweitzer | Posted 09.04.2011

Read More: Worldcom, Putnam Investments, Goldman Sachs, Tyco, Tea Party, Subprime Mortgages, Wall Street, Enron, Debt Default Swaps, Corruption, Government Regulation, Private Sector, Capitalism, Government Oversight, Politics News
Jeff Schweitzer

We have developed an American myth about the magical efficiency of market forces and have deified entrepreneurs. We have developed a disdain for government as an obstacle to progress. Neither is entirely true or false.

Read Post

Anthony Weiner Hands Republicans a Twofer

Joseph A. Palermo | Posted 08.06.2011

Read More: JP Morgan Chase, Bill Clinton, Massey Energy, Anthony Weiner, American Crossroads, Karl Rove, Enron, Congress, Larry Craig, Democrats, Adelphia, Mcwayne-Foundry, Worldcom, Arnold Schwarzenegger Love Child, Goldman Sachs, Aig, Bank of America, Tyco, Arab Spring, Lehman Brothers, John Edwards, Shirley Sherrod, Republicans, Andrew Breitbart, Politics News
Joseph A. Palermo

The wars drag on, the economy teeters, climate change unfolds just as the scientists predicted, and the yawning gap between the rich and the rest of us continues to grow. And what are we left with? The spectacle of a guy named Weiner doing naughty things.

Read Post

Wall Street May Allow Shareholders To Vote On Executive Pay

Reuters | Posted 06.01.2011

Read More: Dodd-Frank Act, Executive Compensation, Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Say on Pay, Shareholders, Sec, Tyco, Morgan Stanley, Bailout, Securities and Exchange Commission, Wall Street, CEO Salary, Business News

Morgan Stanley, Goldman Sachs and JPMorgan Chase & Co will soon join Citigroup and Bank of America Corp in allowing shareholders to vote on executiv...

Read Whole Story

Working Together to Fight Financial Reporting Fraud

Cindy Fornelli | Posted 05.25.2011

Read More: Enron, Business Fraud, Fraud, Corporate Fraud, Corporate Greed, Corporations, Tyco, Business News
Cindy Fornelli

What compels someone to commit fraud -- to work hard, rise to the top, then undo his or her life's work by committing a crime?

Read Post

Supreme Court Shoots Down Part Of Key Post-Enron Reform

AP | Posted 05.25.2011

Read More: Supreme Court, Worldcom, Tyco, Enron, Supreme Court Rulings, Sarbanes-Oxley, Constitution, John Roberts, Business News

WASHINGTON — The Supreme Court on Monday struck down part of the anti-fraud law enacted in response to the Enron and other corporate scandals fr...

Read Whole Story

Final Audit: A Trail of Greed and Revenge!

Jim Worth | Posted 05.25.2011

Read More: Corruption, Greed, Tyco, Bankruptcy, Worldcom, Prison, Avarice, Enron, Executives, Adelphia, Books News
Jim Worth

Though entertaining, the compelling message in Final Audit is that greed, corruption and immoral and unethical behavior should not go unpunished.

Read Post

A Decade Far Worse Than a "Big Zero" (1999-2009)

Joseph A. Palermo | Posted 05.25.2011

Read More: Big Zero, Lloyd Blankfein, Global Crossing, Enron, Gramm-Leach-Biley Act, The 2000s, George W. Bush, Newt Gingrich, Worldcom, Goldman Sachs, Robert Rubin, Tyco, President Bill Clinton, Bob Dole, Paul Krugman, Joe Lieberman, 1999-2009, Corporate Power, Worse Than Zero Decade, Politics News
Joseph A. Palermo

We can call the 2000s the "Worse Than Zero" decade or the "Big Zero," or anything we wish, but what characterized it most for me was the near total control of corporations, especially over our civic institutions.

Read Post

To "Americans for Prosperity" Capitalism Is a Love Story

Joseph A. Palermo | Posted 05.25.2011

Read More: Tim Phillips, C-Span, David Koch, President Obama, It's a Wonderful Life, Ann Coulter, Enron, Frank Capra, Koch Industries, Newt Gingrich, Capitalism, Tsa, Savings and Loan Scandal, The 2016 Olympic Games, Henry Clay Frick, Cnbc, Tyco, Free Market Fundamentalism, Americans for Prosperity, Laura Ingraham, Worldcom, Afp, Larry Kudlow, Supply-Side Economics, Knights of Labor, National Defending the American Dream Summit, Megan McCain, Long-Term Capital Management, John Birch Society, Pinkertons, Politics News
Joseph A. Palermo

The only distinguishing feature of the Americans for Prosperity Foundation's "National Defending the American Dream Summit" was its astonishing homogeneity both in thought and in demography.

Read Post

Moving Beyond Anger and Rhetoric, The Conference Board Introduces Guidelines for Real Compensation Reform

Raj Gupta | Posted 05.25.2011

Read More: Cisco, AFC Enterprises, Tyco, Hewlett-Packard, Conference Board Governance Center, Best Practices, Oversight, Task Force on Executive Compensation, Nasdaq, Business News
Raj Gupta

Abuses in executive compensation have contributed to a loss of trust, and our Task Force report provides a set of guidelines that can make significant inroads in restoring credibility in our corporations.

Read Post

Blue-Chip Tech Companies Agree To Limit Executive Pay

wsj.com | DEBORAH SOLOMON | Posted 05.25.2011

Read More: Hewlett-Packard, At, Executive Compensation, Pay Reform, Tyco, Business News

WASHINGTON -- A group of blue-chip companies is lining up behind efforts to voluntarily change their pay practices, in part to head off potentially mo...

Read Whole Story

More Pigs at the Trough: What Enron and WorldCom Can Teach Us About Goldman and AIG

Arianna Huffington | Posted 05.25.2011

Read More: Aig, Ken Lay, Joseph Cassano, Pigs at the Trough, Worldcom, Tyco, Enron, Financial Crisis, John Rigas, Bernard Ebbers, Business News
Arianna Huffington

In 2003, when I wrote Pigs at the Trough, America's corporate crooks were largely playing with shareholders' money. The new batch of Pigs I cover in the just-released updated version is playing with taxpayer money -- trillions of it.

Read Post

Defining Extravagance Up

Jamie Malanowski | Posted 05.25.2011

Read More: Worldcom, Aig, Tyco, Daniel Patrick Moynihan, Bonuses, Enron, Economy, Aig Bonuses, Bank Bonuses, Recession, Federal Bailouts, Bailout Bandits, Financial Crisis, Aig Federal Bailouts, Wall Street Bonuses, AIG Scandal, Politics News
Jamie Malanowski

It's admirable that our leaders now want to be frugal with our money but let's remember what the taxpayers themselves have been buying with money not rendered unto Uncle Sam.

Read Post

The Big Lie Exposed: Wall Street as Institutionalized Fraud

Jeff Schweitzer | Posted 05.25.2011

Read More: Corruption, Merrrill Lynch, Tyco, Mutual Funds, Wall Street, Madoff, Economy, Enron, Scandals, Drexel, Business News
Jeff Schweitzer

While investors express dismay and shock about Bernard Madoff's $50 billion Ponzi scheme, nothing about the affair is even slightly surprising. The s...

Read Post

Jailed Ex-Tyco CEO Misses His Dogs

New York Post | Page Six | Posted 05.25.2011

Read More: Dennis Kozlowski Dogs, Dennis Kozlowski Sentence, Tyco, Karen Kozlowski, Dennis Kozlowski, Dennis Kowlowski Divorce, Dennis Kozlowski Jail, Barry Epstein, Business News

He ripped off shareholders to the tune of $400 million, but Dennis Kozlowski still has his sensitive side. The former Tyco czar, now doing eight to 25...

Read Whole Story