Monday, September 19
CNN tells us of some more rich people. Don't you want to be like them?(0) comments
"Ex-Tyco CEO Dennis Kozlowski received 8-1/3 to 25 years in prison Monday for his part in stealing hundreds of millions of dollars from the manufacturing conglomerate.
Former Tyco CFO Mark Swartz got the same sentence from Manhattan Supreme Court Judge Michael Obus.
Judge Obus also ordered Kozlowski and Swartz to pay $134 million back to Tyco, and Kozlowski was fined $70 million and Swartz $35 million -- bringing total fines and restitution to $239 million.
The former Tyco executives were ordered to start serving their sentences immediately and were led from the courtroom in handcuffs."
Lovely people, the rich.