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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (40399)10/29/2003 5:40:03 AM
From: elmatador   of 74559
 
"...looting the company out of $600 million..."

Jurors see tape of Kozlowski's party

Prosecutors say half of $2M for the birthday party on Sardinia came from Tyco.
October 28, 2003: 5:01 PM EST


NEW YORK (CNN) - A tape of the $2 million birthday bash former Tyco CEO Dennis Kozlowski threw for his wife on the island of Sardinia three years ago was shown to jurors in Kozlowski's larceny trial Tuesday.

Jurors saw the 30-minute video of the 40th birthday party for Kozlowski's wife as part of a case that accuses him and former Tyco finance chief Mark Swartz of looting the company out of $600 million.


money.cnn.com
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