On 4/11/11 12:24 PM, Justin M. Streiner wrote:
I seem to recall several dot-com-era CxOs spending very lavishly on
themselves, or getting their employers to give them large 'loans' that
were never paid back. Ken Lay, Jeff Skilling, Bernie Ebbers, Gary
Winnick, Joe Nacchio, etc...
This is what I was thinking of - Awesome photo too.
http://www.msnbc.msn.com/id/9750948/ns/business-small_business/
The story of former Tyco CEO Dennis Kozlowski spending $2 million on
his wife's 40th birthday party springs to mind... Tyco paid for half
of it, under the guise of the party being a shareholder meeting...
Wish I could have been a fly on the wall during the meeting when someone
suggested that idea.
David
