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DealBreaker (Free subscription) | 10/09/2009
You know who would be a great candidate to take over for Ken Lewis at Bank of America? Alan Schwartz. Yes, he does already have a job at Guggenheim Partners, and his nights and weekends are pretty filled trying to nail hedge funds to the wall for colluding to destroy Bear Stearns. And sure, he has his drawbacks, namely that he's no Jimmy Cayne. But man, if we could get this guy? BAC would be set (in...
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Move Trends Real Estate Blog - The Leader in Online... (Free subscription) | 10/01/2009
Paving the way for other corporate controversies crafted by powerful businessmen like Dick Fuld of Lehman Brothers and Bernard Madoff, Dennis Kozlowski was convicted in 2005 for illegally accruing Tyco’s money. He became CEO of the company in 1992, and under his direction, Tyco’s stock soared through a series of strategic moves. As questions were [...]
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Luxist (Free subscription) | 09/28/2009
We've been watching disgraced Tyco CEO Dennis Kozlowski sell off his stuff for a long time. There was a lot of to sell, fine antiques , a classic sailing yacht and of course, some very tempting real estate. Problem is, the real estate isn't moving quite so quickly. Kozlowski's homes have sat on the market for a while despite their obvious charms. Meanwhile, Kozlowski himself...
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the Real Estalker (Free subscription) | 09/24/2009
SELLER: Dennis and Karen Kozlowski LOCATION: Ibis Point Circle, Boca Raton , FL PRICE: $24,900,000 SIZE: 14,985 square feet, 8 bedrooms, 8 bathrooms DESCRIPTION: The monumental 1.6+- Sanctuary point compound complete with guest house and north/south tennis court stunningly commands 604+- feet of deepwater shoreline...Evoking the exoticism of Morocco, the palatial main residence is accompanied...
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Structured Settlements 4Real: What' (Free subscription) | 11/05/2009
... their notoriety, crimes (or alleged crimes) as it did for non-Jews such as Ken Lay, Jeff Skilling, Dennis Kozlowski, Charles Ponzi, Dennis Keating, Nicholas Cosmo, Paul Greenwood & Steven Walsh, R. Alan Stanford, Edward Strafaci, Ralph Cioffi, Tom Petters, Richard S. Piccoli , Krueger and Toll , Steven Eugene Cauley , In short, NOTHING! Wasn't one of the Ten Commandments from...
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Get Rich Slowly (Free subscription) | 10/29/2009
... I’ve done plenty of dumb things myself over the years. (Though certainly not on the scale as Dennis Kozlowski, who threw a $2 million birthday party for his wife, a party that featured an ice-sculputre of the Statue of David that pissed vodka.) All of this is prelude to the first link in our daily roundup. (Why do I still call it a daily roundup? It hasn’t been daily since...
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The Huffington Post (Free subscription) | 10/22/2009
... brushed off attacks on corporate compensation like Jay Z flicking lint off his lapel. Despite Dennis Kozlowski's $16,000 umbrella stand. Despite ExxonMobil's Lee Raymond earning more per hour in 2005 than his line workers earned per year. Despite the top tenth earning 30 percent of all income from the 1940s to the 1970s but 45 percent today. Defenders of the executive status quo have...
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Reuters (Free subscription) | 10/05/2009
Once a star on Wall Street, Nacchio was among a number of corporate leaders convicted earlier in the decade of financial crimes. Others included WorldCom's Bernard Ebbers, Tyco International's Dennis Kozlowski and several top executives at Enron Corp, the energy company that collapsed in 2001.
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Reuters (Free subscription) | 10/05/2009
Once a star on Wall Street, Nacchio was among a number of corporate leaders convicted earlier in the decade of financial crimes. Others included WorldCom's Bernard Ebbers, Tyco International's Dennis Kozlowski and several top executives at Enron Corp, the energy company that collapsed in 2001.