Taking Down the Lion

Taking Down the Lion

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As the widely-admired CEO of Tyco International, Dennis Kozlowski grew a little-known New Hampshire conglomerate into a global giant. In a stunning series of events, Kozlowski suddenly lost his job along with his favored public status when he was indicted by legendary Manhattan DA Robert Morgenthaua€”it was an inglorious end to an otherwise brilliant career. Kozlowski was the face of corporate excess in the turbulent post-Enron environment; he was pictured under headlines that read qOink Oink, q and publicly castigated for his extravagant lifestyle. qDeal-a-Day Dennisq was transformed into the qposter child for corporate greed.q Kozlowski was ultimately convicted of grand larceny and other crimes that, in sum, found the former CEO guilty of wrongfully taking $100 million from Tyco. Taking Down the Lion shines a bright light on former CEO Dennis Kozlowski and the Tyco corporate scandala€”it is the definitive telling of a largely misunderstood episode in U.S. business history. In an unfiltered view of corporate America, Catherine Neal pulls back the curtain to reveal a world of big business, ambition, money, and an epidemic of questionable ethics that infected not only business dealings but extended to attorneys, journalists, politicians, and the criminal justice system. When the ugly truth is told, it's clear the qgood guysq were not all good and the qbad guysq not all bad. And there were absolutely no heroes.Tyco International Ltd. Press Release. ... Will Have Immediate Positive Impact on Earnings, Strengthens Tyco Healthcarea#39;s Leading Positions in Medical Devices, a€ June 28, 2000. ... a€œTyco Is Top Pick in Reuters Survey of Larger Companies, a€ April 27, 2001. ... in Tycoa#39;s Acquisition of The CIT Group Inc., a€ 2002-177, December 17, 2002, http:// www.sec.gov/news/press/2002-177.htm (accessed July 1, 2013).

Title:Taking Down the Lion
Author: Catherine S. Neal
Publisher:Macmillan - 2014-01-07

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