Tuesday, September 20, 2005

Justice Served (Finally)

Remember Tyco? Former CEO Dennis Kozlowski and former CFO Mark Swartz were both sentenced in New York State by Supreme Court Justice Michael Obus to 8 1/2-25 years in prison for their roles in looting almost $600 million from their company in a grand scheme in the 90's. On the positive side for the two, they would have gotten much more prison time if sentenced in federal court...the downside...New York State Prison System has no "Club Fed". The new salary for the mega bucks earning pair...$1.05 per day. Enjoy Fellas!!

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