Re: Level 3 Agrees to Purchase Global Crossing

[David Coulson <david () davidcoulson net>]

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