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Created by dipity on Jul 1, 2009
Last updated: 09/12/10 at 10:05 PM
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Excerpt
The Public Record’s Zach Roberts recently conducted an on-camera interview with Mr. Tasini, which can be seen here.
The United States of America has just lived through the greatest looting of money in its history, a vast robbery that began in the late
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The Public Record
http://feedproxy.google.com/~r/TPR_ThePublicRecord/~3/TSvC_MD-PGk/
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The book-to-bill (B-to-B) ratio is the demand-to-supply ratio for orders on a firm's "book" to number of orders processed
and billed. A simpler explanation is orders/orders filled (or billed).
If you just ordered a sweater from your favorite online
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FOX Business
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http://feeds.foxbusiness.com/~r/foxbusiness/latest/~3/7N8YZ7JtcFA/
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...YORK (Reuters) - Former Tyco International Ltd Chief Executive Officer Dennis Kozlowski, imprisoned for up to 25 years for stealing from the company, is seeking to be released early. In a habeas corpus petition dated Monday in Manhattan federal court, lawyers...
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Reuters
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http://feedproxy.google.com/~r/Reuters/domesticNews/~3/zAuj0Rrc6wU/idUSTRE5805IT20090901
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At this point, many people will have forgotten the tale of Garth Drabinsky. As corporate criminals go, the former theater impresario has neither the decadent streak of a Dennis Kozlowski, nor the destructive power of a Bernie Madoff.
But Drabinsky is
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Business Week
http://www.businessweek.com/careers/managementiq/archives/2009/08/garth_drabinsky.html
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Atlanta Enterprise Rent-A-Car located at 303 Courtland Street shamefully uses the reserved disabled person parking spaces to advertise their premium cars.
We have seen it time and time again, big companies doing wrong and offering no apologies for
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Associated Content
http://www.associatedcontent.com/article/1958716/customer_experience_at_enterprise_rentacar.html
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In June of 2001, the giant ice sculpture that urinated premium vodka became a lurid symbol of 21st century executive excess.
This huge frozen effigy, incongruously modeled on the classical Michelangelo sculpture of the Biblical David, served as the
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Town Hall
http://www.townhall.com/columnists/MichaelMedved/2009/07/08/are_business_executive_overpaid_and_corrupt
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AN ARTICLE IN Tuesday’s Daily News incorrectly stated that former Tyco chief executive Dennis Kozlowski was a substance abuser when he defrauded his company and investors. There is no credible evidence to support that statement. The story also
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Regret the Error
http://www.regrettheerror.com/newspapers/a-convicted-fraudster-but-not-a-drug-addict
Excerpt
Ruth Madoff goes to visit her husband Bernard Madoff in jail.
Conrad Black, former head of the Hollinger International Inc. newspaper empire, with his wife Barbara Amiel.
Dennis Kozlowski, ex-Tyco Chief Executive Officer and his wife Karen walk into
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New York Daily News
http://feeds.nydailynews.com/~r/nydnrss/lifestyle/~3/JLM5xMsLPKE/2009-06-30_the_cursed_wives_club.html
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A look at some other figures serving time for their involvement in high-profile financial scandals:
- Jeffrey Skilling, 55, Enron's former chief executive, sentenced in October 2006 to more than 24 years in prison for role in company's collapse. The
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Miami Herald
http://www.miamiherald.com/business/nation/story/1119936.html
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WASHINGTON, D.C. — The U.S. Supreme Court on Monday declined to hear the appeal of the conviction of two former Tyco International executives, J. Dennis Kozlowski and Mark Swartz. The two are serving prison terms for their convictions for fraud and
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SeacoastOnline.com
http://www.seacoastonline.com/articles/20090609-BIZ-906090390
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While few observers will shed tears for Mr. Kozlowski, he's probably the most sympathetic of the Enron/Worldcom/Tyco trio of corporate scandals that rocked the first couple years of the millennium. In contrast to those two titans that field for
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Blogging Stocks
Related Topics
http://www.pheedcontent.com/click.phdo?i=af492c527fc6053acdab5ebebce47c55
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Politicians may now be the targets of scorn, but their expenses claims are minuscule compared to some of the perks in the world of business.
This week, The Guardian listed some of the baubles added to the salaries of top executives.
ll Dennis
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Irish Independent
http://www.independent.ie/national-news/excess-all-areas-1741474.html?r=RSS
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MPs may have temporarily eclipsed bankers as figures of public scorn, but their expense claims are laughably unambitious compared to some of the more extreme perks in the business world.
The grandaddy of the corporate expense account is Dennis
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Guardian Unlimited
http://www.guardian.co.uk/theguardian/2009/may/13/mp-expenses-fred-goodwin-dennis-kozlowski-merrill-lynch
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Dec. 12: Feds charge Madoff with massive Ponzi scheme: Bernard L. Madoff, a former Nasdaq Stock Market chairman and founder of Bernard L. Madoff Investment Securities LLC, may join the ranks of financial fraudsters Ivan Boesky, Michael Milken and
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The Deal: Blogs
http://feedproxy.google.com/~r/TheDealBlogsNetwork/~3/Kmd87An1kEI/ponzi-schemes-fraud-and-other-m.php
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Dec. 12: Feds charge Madoff with massive Ponzi scheme: Bernard L. Madoff, a former Nasdaq Stock Market chairman and founder of Bernard L. Madoff Investment Securities LLC, may join the ranks of financial fraudsters Ivan Boesky, Michael Milken and
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The Deal: Blogs
http://feedproxy.google.com/~r/TheDealBlogsNetwork/~3/Kmd87An1kEI/ponzi-schemes-fraud-and-other-m.php
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Robert Morris Morgenthau, Manhattan's nine-term district attorney, has truly seen it all throughout his illustrious career
as one of the most storied law enforcement officials in U.S. history.
Morgenthau, the 89-year-old iconic prosecutor
who has
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FOX News
http://feeds.foxnews.com/~r/foxnews/politics/~3/96JEFvQWRNA/morgenthau-long-legacy-public-service-prosecution
Excerpt
On the inside looking out - convicted former chief executive Dennis Kozlowski
One of the intriguing questions about the current slew of financial wrong-doing and dodgy deals is whether the culprits actually come to regret what they have done.
Do they
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BBC World
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http://www.bbc.co.uk/worldservice/business/2009/04/090429_corporate_crime.shtml
Excerpt
On the inside looking out - convicted former chief executive Dennis Kozlowski
One of the intriguing questions about the current slew of financial wrong-doing and dodgy deals is whether the culprits actually come to regret what they have done.
Do they
Source Info
BBC World
http://www.bbc.co.uk/worldservice/business/2009/04/090429_corporate_crime.shtml
Excerpt
"In the eyes of many investors, Tyco (NYSE: TYC) is still tainted by management’s less-than-exemplary behavior nearly ten years ago," observes George Putnam.
In The Turnaround Letter, he suggests, "But in reality, it is now a solid and well-managed
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The Stock Advisors
http://www.thestockadvisors.com/content/view/3512/33/
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The universal handwringing, Congressional hearings, and talk about stringing greedy corporate pigs up with piano strings: There hasn't been this much media outrage about executive excess since Dennis Kozlowski's $6,000 shower curtain.
Back then, after
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Huffington Post
http://www.huffingtonpost.com/charlie-cray/aig-lesson-number-two-get_b_177148.html
Excerpt
The universal handwringing, Congressional hearings, and talk about stringing greedy corporate pigs up with piano strings: There hasn't been this much media outrage about executive excess since Dennis Kozlowski's $6,000 shower curtain.
Back then, after
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Huffington Post
http://www.huffingtonpost.com/charlie-cray/aig-lesson-number-two-get_b_177148.html
Excerpt
Bernie Madoff’s alleged Ponzi scheme dwarfs the scams committed by prior fraudsters convicted in the unprecedented wave of corporate accounting scandals that deluged the stock market at the outset of this decade, when the Internet and telecom bubble
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FOX Business
http://feeds.foxbusiness.com/~r/blogs/emac/~3/Vy53d3fNmRA/
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In an HarperCollins book, the former US president is named among such businessmen as have faced corruption charges. The book titled 'Get Rich Cheating', dubious moneymakers like Ken Lay, Dennis Kozlowski, and Conrad Black are mentioned in detail.
Bush
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OneIndia
http://feedproxy.google.com/~r/oneindia-living-all/~3/zKzW1ccaeWU/george-bush-politics-040309.html
Excerpt
In an HarperCollins book, the former US president is named among such businessmen as have faced corruption charges. The book titled 'Get Rich Cheating', dubious moneymakers like Ken Lay, Dennis Kozlowski, and Conrad Black are mentioned in detail.
Bush
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OneIndia
http://feedproxy.google.com/~r/oneindia-living-all/~3/zKzW1ccaeWU/george-bush-politics-040309.html
Excerpt
I am going to have to agree with Jesse that part of the issue driving this collapse was the complete lack of fear of ramifications on the part of those bending the rules to suit their personal goals. I remember 11 years ago, when I wrote a story for
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Slate
http://feedproxy.google.com/~r/slate/~3/ad9zOzplpgQ/
Excerpt
I am going to have to agree with Jesse that part of the issue driving this collapse was the complete lack of fear of ramifications on the part of those bending the rules to suit their personal goals. I remember 11 years ago, when I wrote a story for
Source Info
Slate
http://feedproxy.google.com/~r/slate/~3/ad9zOzplpgQ/
Excerpt
First off, let me try to respond to your idea that sticking Enron executives in jail did nothing to prevent the same games at other companies. I disagree entirely. I think high-profile prosecution deters white-collar crime. White-collar criminals have
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Slate
http://feedproxy.google.com/~r/slate/~3/UDojcH87Wng/
Excerpt
Manhattan District Attorney Robert Morgenthau yesterday announced the end of an epic career in public service: At age 90, he will not seek re-election this year, relinquishing an office he has held with distinction since 1975. Morgenthau's record
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New York Post
http://www.nypost.com/seven/02282009/postopinion/editorials/morgy_steps_down_157298.htm
Excerpt
Manhattan District Attorney Robert Morgenthau yesterday announced the end of an epic career in public service: At age 90, he will not seek re-election this year, relinquishing an office he has held with distinction since 1975. Morgenthau's record
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New York Post
http://www.nypost.com/seven/02282009/postopinion/editorials/morgy_steps_down_157298.htm
Excerpt
DON'T expect people to lay off George W. Bush just because he's no longer president. In his upcoming HarperCollins book, "Get Rich Cheating," Jeff Kreisler salutes dubious moneymakers such as Ken Lay, Dennis Kozlowski and Conrad Black, and lumps the
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New York Post
http://www.nypost.com/seven/02282009/gossip/pagesix/join_the_club_157282.htm
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The John Thain vs. Kenneth Lewis public dust-up may signal the death of a species.
The once-powerful chief executive officer cult went into decline in recent years when members of the class were imprisoned for defrauding investors (Jeffrey Skilling of
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Asbury Park Press
http://www.app.com/article/20090208/BUSINESS/902080318/1003/rss08
Excerpt
This was quickly followed with
Pundits Mailbag Lesson From Avocadogate: You Get What You Tolerate,
in which we compared the situation of Mark Affleck of the California
Avocado Commission to that of Dick Grasso from The New York Stock
Exchange and
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Perishable Pundit
http://feedproxy.google.com/~r/PerishablePundit/~3/ePOBxodETc4/index.php
Excerpt
Could the corporate jet become the 2009 version of the USD$6,000 shower curtain? The gold-and-burgundy shower curtain that Tyco International bought for former chief executive Dennis Kozlowski became a symbol ...
Type in your comments to post to the
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Topix
http://www.topix.com/business/airlines/2009/02/image-problem-dragging-on-corporate-jet-business?fromrss=1
Excerpt
Could the corporate jet become the 2009 version of the USD$6,000 shower curtain? The gold-and-burgundy shower curtain that Tyco International bought for former chief executive Dennis Kozlowski became a symbol ...
Type in your comments to post to the
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Topix
http://www.topix.com/business/airlines/2009/02/image-problem-dragging-on-corporate-jet-business?fromrss=1
Excerpt
First of a series on the Crackdown on Wall Street
With the economy in a national nervous breakdown, with global losses mounting into the trillions of dollars, a top Wall Street executive in an interview echoes the Street’s water cooler talk when he
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FOX Business
http://feeds.foxbusiness.com/~r/blogs/emac/~3/tbf5OV_OSKk/
Excerpt
WE know why colleagues call former Merrill Lynch CEO John Thain, "I-Robot." The emphasis was clearly on the "I." This week, with word that Thain spent $1.2 million to redecorate his office (including a $35,000 commode) the former Wall Street
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New York Post
http://www.nypost.com/seven/01252009/business/the_reign_of_thain_was_mainly_just_a_pai_151977.htm
Excerpt
WE know why colleagues call former Merrill Lynch CEO John Thain, "I-Robot." The emphasis was clearly on the "I." This week, with word that Thain spent $1.2 million to redecorate his office (including a $35,000 commode) the former Wall Street
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New York Post
http://www.nypost.com/seven/01252009/business/the_reign_of_thain_was_mainly_just_a_pai_151977.htm
Excerpt
So Wall Street excess has a new face. Step forward Merrill Lynch boss John Thain, ejected in spectacular style from the firm's new parent company, Bank of America, after revelations that he had squandered $1.2m (£873,000) of shareholders'
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The Independent
http://www.independent.co.uk/news/business/analysis-and-features/executives-in-another-world-1514654.html
Excerpt
You can bet that if Cramer hadn’t paid taxes for a number of years, or spent $1.2 million decorating his office here at CNBC at the company’s expense, he’d be sharing a cell with Dennis Kozlowski. But not Timothy Geithner or John Thain, who actually
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CNBC
http://www.cnbc.com/id/28813742?__source=RSS*blog*&par=RSS
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According to documents reviewed by The Daily Beast, Thain spent $1.22 million of company money to refurbish his office at Merrill Lynch headquarters in lower Manhattan. The biggest piece of the spending spree: $800,000 to hire famed celebrity
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Columbia Journalism Review
http://www.cjr.org/the_audit/thain_the_vain.php
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According to documents reviewed by The Daily Beast, Thain spent $1.22 million of company money to refurbish his office at Merrill Lynch headquarters in lower Manhattan. The biggest piece of the spending spree: $800,000 to hire famed celebrity
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Columbia Journalism Review
http://www.cjr.org/the_audit/thain_the_vain.php
Excerpt
The Daily Beast (where I also write a column) columnist and CNBC reporter Charlie Gasparino reports that Merrill Lynch CEO John Thain spent $1.22 million to redecorate his office last year while the company slashed jobs and fought for its survival.
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Blogging Stocks
http://www.pheedo.com/click.phdo?i=1e7e053237944d1583911d6e56c902ca
Excerpt
The Daily Beast (where I also write a column) columnist and CNBC reporter Charlie Gasparino reports that Merrill Lynch CEO John Thain spent $1.22 million to redecorate his office last year while the company slashed jobs and fought for its survival.
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Blogging Stocks
http://www.pheedo.com/click.phdo?i=1e7e053237944d1583911d6e56c902ca
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: The most high profile corporate fraud cases in recent history centre around Tyco International, WorldCom and Enron, multi billion dollar corporations whose names and reputations were marred by the fraudulent actions of its chief executives who were
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Expressindia.com
http://www.financialexpress.com/news/They-took-people-for-a-ride/408380/
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It’s no secret that the markets have been in the dumps with the S&P 500 down over 41% year-to-date. Still, it’s good to know that some people are making money in the current market, even if those folks happen to be guests of the New York State
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Footnoted
http://feedproxy.google.com/~r/Footnotedorg/~3/ToI3co-ajwY/
Excerpt
It’s no secret that the markets have been in the dumps with the S&P 500 down over 41% year-to-date. Still, it’s good to know that some people are making money in the current market, even if those folks happen to be guests of the New York State
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Footnoted
http://feedproxy.google.com/~r/Footnotedorg/~3/ToI3co-ajwY/
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If Dolly Lenz did not exist we would have to create her. The woman is a real estate mega-broker of mythological proportions: She has said that she has done $7 billion in sales, has personally owned 70 to 80 properties, and currently keeps 12
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New York Observer
http://www.observer.com/2008/real-estate/dolly-lenz-not-nation-s-no-1-agent-must-be-mistake-yes-lorber-says-here-s-why
Excerpt
Not long ago, we posted on an interview given by Dennis Kozlowski, he of Tyco fame, from his prison.
Perhaps Koz’s remarks inspired fallen media baron Conrad Black. Remember him? He and three other former Hollinger International executives Peter
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Wall Street Journal
Related Topics
http://feeds.wsjonline.com/~r/wsj/law/feed/~3/GTZiBMd0n2s/
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Source: Yahoo / Finance
In the aftermath of the corporate scandals earlier this decade, investor confidence was (partially) restored by a parade of "perp walks" of fallen chieftains like Ken Lay, Bernie Ebbers, and Dennis Kozlowski.
But nearly two
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Democratic Underground
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3613709
Excerpt
Source: Yahoo / Finance
In the aftermath of the corporate scandals earlier this decade, investor confidence was (partially) restored by a parade of "perp walks" of fallen chieftains like Ken Lay, Bernie Ebbers, and Dennis Kozlowski.
But nearly two
Source Info
Democratic Underground
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3613709

