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To: Victor Lazlo who wrote (144247)	7/25/2002 2:54:27 PM
From: craig crawford	Respond to of 164684

disney has been cooking the books for years...

To: Victor Lazlo who wrote (144247)	7/26/2002 12:37:33 PM
From: craig crawford	Read Replies (1) \| Respond to of 164684

>> You sure you're not thinking of that Polish Catholic at TYC who cooked and simmered the balance sheets of every aqcuisition he made ? << don't be naive victor. who do you think was the criminal mastermind behind all those acquisitions? the money-grubbing highest paid cfo in the country! Will Tyco's CFO end his tenure soon? money.cnn.com Mark Swartz's association with former Tyco chairman mars his career; net loss for Tyco expected. July 22, 2002: 4:12 PM EDT BOSTON (Reuters) - Tyco International Ltd.'s earnings release Tuesday may very well be the last for Chief Financial Officer Mark Swartz, whose tenure has been marred by his close association with the conglomerate's disgraced former chairman. Named CFO in 1995, Swartz has been the chief defender of Tyco's accounting, which has drawn fire for being opaque and misleading. But perhaps more important, Swartz was a key adviser and architect in Dennis Kozlowski's decade-long acquisition binge that built Tyco into one of the world's largest manufacturing conglomerates. ....................................................................................................................... "It's really hard to make that separation between Kozlowski and Swartz," said Rob Plaza, a Morningstar Inc. analyst who stopped covering Tyco on Friday to work at another firm. "Swartz was the one who is supposed to check how the money is being spent. He and Dennis worked hand-in-hand. You just can't believe he didn't know what Dennis was doing. The whole board has to go," Plaza added. ........................................................................................................................... His role at the company has been vital as he and Kozlowski oversaw a rapid expansion through hundreds of acquisitions that cost more than $60 billion. Swartz became a board member in March 2001 and ranked as the highest paid CFO in the United States last year, according to research firm Equilar Inc. Swartz collected nearly $47 million in compensation, or nearly $15 million more than the No. 2 paid CFO, Richard Bressler of Viacom Inc., Equilar said