updated Thu. February 1, 2024
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The Sydney Morning Herald
April 19, 2018
In Australia, we'd never have heard of Bernie Madoff, or Allen Stanford, or Enron's Andy Fastow, or Tyco's Dennis Kozlowski or a host of other extraordinarily wealthy high-achievers who have spent considerable time - in Madoff's case it should be a lifetime - languishing in cells. We have, of course, had ourÃâà...
ValueWalk
April 12, 2018
Also with Tyco International (TYC), we bought it in the summer of 2002 when the CEO, Dennis Kozlowski had just been fired after being caught stealing $81M in unauthorized bonuses among other transgressions. I thought the business should be unimpaired, despite the one-time hit, so we started buyingÃâà...
Park City Caller
March 24, 2018
When everyone around you is also speeding, well, it seems okay. When there is no one to tell you forcefully that what you are doing is wrong and dangerous, doing it just seems okay. Just ask Dennis Kozlowski, the former CEO of Tyco, who was one of the highest-paid CEOs in the world and was convictedÃâà...
Fin24
March 23, 2018
When everyone around you is also speeding, well, it seems okay. When there is no one to tell you forcefully that what you are doing is wrong and dangerous, doing it just seems okay. Just ask Dennis Kozlowski, the former CEO of Tyco, who was one of the highest-paid CEOs in the world and was convictedÃâà...
Law.com
March 8, 2018
They start with references to greed and point to “lavish” and “extravagant” lifestyles if they can. Dennis Kozlowski's $6,000 shower curtain and his $15,000 umbrella stand became the centerpieces of the Government's presentation at his 2005 trial, and we heard about them from mock jurors in white-collarÃâà...
RealVail
March 5, 2018
Latino laborers, most illegal, flooded the valley in the go-go '90s when modern robber barons like WorldCom's Bernie Ebbers, Tyco's Dennis Kozlowski, and Adelphia's John and Timothy Rigas bought and built third and fourth trophy homes in gated mountain enclaves like Beaver Creek, Bachelor GulchÃâà...
Economic Times
March 1, 2018
In 2002, top executives at Tyco – the former chief executive Dennis Kozlowski and the former chief financial officer Mark H Swartz – were charged with siphoning close to $600 million from the company's coffers to fund their lavish lifestyles, including a $2 million birthday party for Kozlowski's wife. After aÃâà...
TownandCountrymag.com
February 9, 2018
These expenditures aren't necessarily budget busters; a billion dollars (if he happened to think of some more accessories—a three-car garage? a four-star restaurant?) wouldn't put a dent in Allen's fortune. We've been here before. Remember Dennis Kozlowski's $6,000 shower curtain? But the bull marketÃâà...
Page Six
December 5, 2017
The $6,000 shower curtain, $15,000 umbrella stand and $2 million birthday party for his wife, replete with toga-clad models and a vodka-whizzing ice sculpture: Few spent as lavishly as Tyco CEO Dennis Kozlowski before his 2005 conviction for ripping off his shareholders. During his November 2003 trial,Ãâà...
Foster's Daily Democrat
December 1, 2017
UNH once honored former Tyco CEO L. Dennis Kozlowski, who was sent to prison for his role in a $100 million fraud case. He formerly owned a 10,000-square-foot mansion in North Hampton, which sold for $4.2 million in 2010. He received his honorary degree from UNH in 2000, a few years before hisÃâà...
Barron's
October 20, 2017
Remember the chief executive with the birthday-party ice sculpture of Michelangelo's David urinating vodka? That was Dennis Kozlowski, who nearly ran Tyco International into the ground. The story has a happy ending, not so much for Kozlowski—who did eight years in prison for grand larceny, conspiracyÃâà...
Sun Sentinel
January 11, 2017
Former Tyco CEO Dennis Kozlowski, who spent 6-1/2 years in prison after being convicted of corporate fraud, talked about his life as a big executive, his time in prison, and what's he's doing now at a Wednesday meeting of the Gold Coast Tiger Bay Club in Boca Raton. (Marcia Pounds / Sun Sentinel).
The Nonprofit Quarterly (blog)
March 1, 2016
From Ruth McCambridge, Editor in Chief: On February 10, 2016, NPQ published a newswire that I wrote about the Fortune Society and its choice for a new board chair in Dennis Kozlowski. In that newswire, I made an error regarding the organization's finances, which we retracted when JoAnne Page, theÃâà...
Fortune
February 16, 2016
L. Dennis Kozlowski once was best known for the $6,000 shower curtain he bought as part of a multimillion-dollar spending spree with corporate cash that landed him in prison for close to seven years. Since his release from prison in 2012, the former CEO of Tyco International has been quietly working toÃâà...
New York Times
March 2, 2015
These days, his shower curtain is from Bed Bath & Beyond in a nondescript white. In a two-bedroom rental on the 35th floor of a building overlooking the East River, L. Dennis Kozlowski lives with his new wife, Kimberly, in relative modesty — at least compared with his previous life as the extravagant chief ofÃâà...
blogs.hbr.org (blog)
January 7, 2014
On January 17, Dennis Kozlowski will be released on parole by the State of New York after serving an 8 1/3 year sentence in the state's tough prison system. Kozlowski is the former CEO of Tyco International. During the decade he headed the company (1992 – 2002), Tyco grew from a small NewÃâà...
Huffington Post
December 3, 2013
By Karen Freifeld. NEW YORK, Dec 3 (Reuters) - Dennis Kozlowski, the former Tyco International Ltd chief executive sent to prison eight years ago for looting the company of more than $100 million, was granted parole Tuesday, according to New York state officials. A New York state parole boardÃâà...
BetaNews
December 31, 1999
The American Dream changed somehow in the 1970s when real wages for most of us began to stagnate when corrected for inflation and worker age. My best financial year ever was 2000 -- 18 years ago -- when was yours? This wasn't a matter of productivity, either: workers were more productive everyÃâà...
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