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Topic: Dennis Kozlowski
FORMER TYCO EXECUTIVES KOZLOWSKI AND SWARTZ GUILTY ON 2ND RETRIAL
Former Tyco CEO Dennis Kozlowski (left) and former TYCO CFO Mark Swartz (right) on the 11th day of jury deliberations in their 2nd retrail were found guilty on June 17, 2005 at Manhattan State Supreme Court. Kozlowski, 58, was found guilty of conspiracy, fraud and falsifying business records and Swartz, 44, was found guilty of grand larceny, securties fraud and eight of nine counts of falsifying business records. (UPI Photo/Ezio Petersen)

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A postcard from prison
A postcard from prison
Dennis Kozlowski is puzzled, apparently, as to why New York State has not given him a job.
Inmate Kozlowski sues to join work release
Inmate Kozlowski sues to join work release
ALBANY, N.Y., June 27 (UPI) -- Former Tyco Chief Executive Officer Dennis Kozlowski is suing the New York prison system so he can join a work-release program, court papers show.
The almanac
UPI Almanac for Thursday, June 17, 2010.
The almanac
UPI Almanac for Wednesday, June 17, 2009.
Commentary: Capitalist abyss
WASHINGTON, Dec. 15 (UPI) -- Greed in 21st century America is stampeding democratic capitalism. From the 2001 Enron scandal to the current $50 billion Ponzi scheme that destroyed the savings of thousands, hedge funds and derivatives that escape any transparency, and the subprime mortgage swindle that engulfed the world, the United States is now teetering on the edge of the abyss -- another Great Depression.
The almanac
UPI Almanac for Tuesday, June 17, 2008.
The Almanac
UPI almanac for Sunday, June 17, 2007.
Tyco agrees to settle lawsuits for $2.98B
PRINCETON, N.J., May 15 (UPI) -- U.S. conglomerate Tyco International Ltd. said Tuesday it would pay $2.98 billion to settle class-action lawsuits tied to former management accounting fraud.
The Almanac
UPI almanac for Monday, April 2, 2007.
Kozlowski's wife files for divorce
WEST PALM BEACH, Fla., Aug. 17 (UPI) -- Karen Kozlowski has filed for divorce in Florida from her husband, Dennis Kozlowski, the imprisoned former head of Tyco International Ltd.
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“ While we cannot precisely quantify the distraction costs, their impact is obvious in segment margins and is particularly frustrating. I believe that they are contained and should fade in the coming quarters, but they are likely to approximate 25 to 30 cents per share as opposed to the 5 to 10 cents per share that we had initially projected, ”
Executive Business Briefing
United Press International
“ We have taken immediate cost reduction actions in our Electronics business, which will allow us to continue to deliver strong earnings results despite weak end markets and will position us ahead of the curve in taking advantage of eventual economic recovery. ”
Executive Business Briefing
United Press International
“ While we see likelihood of further weakness within these end markets, our incremental cost reduction actions are designed to allow us to achieve our earnings target, ”
Executive Business Briefing
United Press International
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