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Old 09-13-2002, 01:11 PM   #1
quiet
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tyco international

over half a billion defrauded by the ceo, cfo and general counsel. unreal.

Quote:
According to Thursday's indictment, the men manipulated two corporate loan programs in order to obtain funds to buy homes and artwork, and to give themselves unauthorized bonuses
imagine being slammed with a 100 M bail, and paying it without skipping a beat.

absolutely crazy shit.
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Old 09-13-2002, 01:26 PM   #2
quiet
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http://money.cnn.com/2002/09/12/news...wski/index.htm
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Old 09-13-2002, 01:28 PM   #3
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Fuckers.
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Old 09-13-2002, 01:30 PM   #4
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btw, people who steal that much, should be sent to jail for life. The effects of those kinds of crimes are so far reaching it's not even funny.
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Old 09-13-2002, 01:31 PM   #5
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lol, gotta love all the crooks we have here in south FL
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Old 09-13-2002, 02:01 PM   #6
quiet
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from everything i've read, these guys are full-on scammers. no beating around the bush. 600 M dollars stolen by those in charge of the tyco empire - strictly for personal gain. fascinating shit.

Last edited by quiet; 09-13-2002 at 02:04 PM..
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Old 09-13-2002, 03:20 PM   #7
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did the article mention the 135 million in forgiven loans to the ceo over the last few years?

I wanted that job.
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Old 09-13-2002, 03:41 PM   #8
quiet
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Quote:
Originally posted by Kimmykim
did the article mention the 135 million in forgiven loans to the ceo over the last few years?

I wanted that job.
yup. and the yachts, the 5th ave and park ave penthouse apartments, the ski villas, the mansions, et al.

wow.
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