Level 3 Agrees to Purchase Global Crossing

David Coulson david at davidcoulson.net
Mon Apr 11 16:34:05 UTC 2011

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.


> 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.


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