Comment Re:is the punishment comissurate with the crime?OT (Score 1) 1096
You know, as a Tyco employee, it kinda burns me to see Tyco lumped in with the 'worst of the worst'. Unlike Enron and Worldcom, which were shutdown as a result by the Feds and removed from the NYSE, Tyco was never removed, and is still a living company.
Tyco did have a CEO, CFO, and Chief Counsel who did willingly break the rules, and Tyco took them to court (as an aside, Tyco demanded not only what they took, but the total cost of all the fraudulent programs and ALL salaries paid since they were hired).
Tyco has done a lot of work to turn themselves around. Sorry for the rant, but I had to get that off my chest.
Tyco did have a CEO, CFO, and Chief Counsel who did willingly break the rules, and Tyco took them to court (as an aside, Tyco demanded not only what they took, but the total cost of all the fraudulent programs and ALL salaries paid since they were hired).
Tyco has done a lot of work to turn themselves around. Sorry for the rant, but I had to get that off my chest.
