2 EX-TYCO EXECS GUILTY OF FRAUD
Two former top executives of Tyco International Ltd. were convicted Friday on multiple charges that they looted the company of more than $600 million in a case that came to symbolize excess and greed amid a recent wave of corporate corruption trials.
Ref. https://deseretnews.com/dn/view/1%2C1249%2C...42386%2C00.html
Good, another big executive bites the dust. I was really hoping this wouldn't be another case where the big rich executives get off with out so much as a slap on the wrist like in the Enron case. These people need to know they are not above the law. The only way to do that is to enforce the laws on them. I applaud the courts for having the guts to stand up to corporate america and punish the guilty.